Sorting out patent reform proposals in the 113th Congress

Shutterstock.com

Article Highlights

  • "Patent trolls" filed 62 percent of all patent suits in 2012.

    Tweet This

  • Abusive patent litigation is imposing real costs on the US economy.

    Tweet This

Subscribe to
TechPolicyDaily.com
Daily updates on technology policy issues, from TechPolicyDaily.com, the voice of AEI’s Center for Internet, Communications, and Technology Policy.

First Name:
Last Name:
Email:
Zip Code:

The impact of patent assertion entities (PAEs) on innovation and growth in the US economy is a topic of spirited debate. Far less controversial is their impact on the extent and nature of patent litigation. According to the Congressional Research Service, PAEs, often referred to as “patent trolls,” filed 62 percent of all patent suits in 2012. Despite losing 92 percent of cases that reach merit judgments, PAEs' ability to force settlements from smaller firms cost defendants and licensees $29 billion in 2011. That total marks a 400 percent increase over the $7 billion incurred in 2005. While the precise extent of the problem can be debated,  there is near-universal agreement that abusive patent litigation is imposing real costs on the US economy.

Given the broad agreement on the need to reduce unwarranted patent litigation, Congress is considering several major proposals. This analysis summarizes their main provisions.

Read the full brief.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Guro
Ekrann

What's new on AEI

Making Ryan's tax plan smarter
image The teacher evaluation confronts the future
image How to reform the US immigration system
image Inversion hysteria
AEI on Facebook
Events Calendar
  • 01
    MON
  • 02
    TUE
  • 03
    WED
  • 04
    THU
  • 05
    FRI
Wednesday, September 03, 2014 | 9:00 a.m. – 10:30 a.m.
From anarchy to Augustus: Lessons on dealing with disorder, from Rome’s first emperor

We invite you to join us for two panel discussions on how Augustus created order from chaos 2,000 years ago, and what makes for durable domestic and international political systems in the 21st century.

Wednesday, September 03, 2014 | 12:00 p.m. – 1:30 p.m.
Multiple choice: Expanding opportunity through innovation in K–12 education

Please join us for a book launch event and panel discussion about how a marketplace of education options can help today's students succeed in tomorrow's economy. Attendees will receive a complimentary copy of the featured book.

Thursday, September 04, 2014 | 12:00 p.m. – 1:30 p.m.
How conservatives can save the safety net

Please join us for a luncheon event in which our panel will discuss what conservatives can learn from how liberals talk and think about the safety net and where free-market economics, federalism, and social responsibility intersect to lift people out of poverty.

No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.