Patent Failure
In recent years, business leaders, policymakers, and inventors have complained to the media and to Congress that today''s patent system stifles innovation instead of fostering it. But like the infamous patent on the peanut butter and jelly sandwich, much of the cited evidence about the patent system is pure anecdote--making realistic policy formation difficult. Is the patent system fundamentally b...
In recent years, business leaders, policymakers, and inventors have complained to the media and to Congress that today''s patent system stifles innovation instead of fostering it. But like the infamous patent on the peanut butter and jelly sandwich, much of the cited evidence about the patent system is pure anecdote--making realistic policy formation difficult. Is the patent system fundamentally b...
