Innovation And Its Discontents

Innovation and its Discontents: How our Broken Patent System is Endangering Innovation and Progress, and What to do About it is a book (ISBN 069111725X) by Adam B. Jaffe and Josh Lerner. Princeton University Press published the book in 2004. The authors of the book outline changes made to the patent system in the United States in the late 1980s and early 1990s which they say has led to a situation in which patents have become extremely powerful economic weapons, and are being issued irresponsibly and at an unreasonable rate. The end result, the authors claim, is that American innovation is being stifled unintentionally as a result of a few simple bureaucratic changes (centralizing the Federal Appeals Court and making patent application fees the primary source of revenue for the United States Patent and Trademark Office). The authors also give a brief history of 18th and 19th century patent controversies as a way of showing that the patent system, as it currently exists, has never been written in stone.

 

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