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Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk
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Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk

3.65  ·  Rating details ·  26 ratings  ·  3 reviews
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 paten ...more
Hardcover, 331 pages
Published June 1st 2008 by Princeton University Press (first published March 3rd 2008)
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3.65  · 
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 ·  26 ratings  ·  3 reviews

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Jul 09, 2008 rated it really liked it
Shelves: non-fiction
Bessen and Meurer argue that the popular portrayal of the patent system as an efficient and effective mechanism for encouraging R&D is generally inaccurate. In contrast with tangible property, today's intellectual property system is fraught with ambiguity and fragmentation that lead to increased litigation and clearance costs, stifling innovation. The final chapters offer several suggestions for reform and areas that merit increased investigation.

The book opens with a remarkably succinct ou
John Chandler
Oct 17, 2010 rated it really liked it  ·  review of another edition
Some fascinating perspectives on actual values attributable to patents.
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James Bessen studies the economics of innovation and patents. He has also been a successful innovator and CEO of a software company. Currently, Mr. Bessen is Lecturer in Law at the Boston University School of Law.

Bessen has done research on whether patents promote innovation, why innovators share new knowledge, and how technology affected worker skills historically. His research first documented t