Book contents
- Incomprehensible!
- Incomprehensible!
- Copyright page
- Dedication
- Contents
- Figures
- Table
- Boxes
- Acknowledgments
- Part I The Concept
- Part II Application
- 4 Comprehension Asymmetries in Consumer Protection Law
- 5A Comprehension Asymmetries in Financial Regulation
- 5B Comprehension Asymmetries in the Law of Patents
- 5C Comprehension Asymmetries in Chemical Regulation
- 6 Comprehension Asymmetries in Administrative Process
- 7 Comprehension Asymmetries in Legislative Process
- Part III Reform
- Notes
- Bibliography
- Index
5B - Comprehension Asymmetries in the Law of Patents
from Part II - Application
Published online by Cambridge University Press: 21 June 2019
- Incomprehensible!
- Incomprehensible!
- Copyright page
- Dedication
- Contents
- Figures
- Table
- Boxes
- Acknowledgments
- Part I The Concept
- Part II Application
- 4 Comprehension Asymmetries in Consumer Protection Law
- 5A Comprehension Asymmetries in Financial Regulation
- 5B Comprehension Asymmetries in the Law of Patents
- 5C Comprehension Asymmetries in Chemical Regulation
- 6 Comprehension Asymmetries in Administrative Process
- 7 Comprehension Asymmetries in Legislative Process
- Part III Reform
- Notes
- Bibliography
- Index
Summary
A building body of evidence reveals that the Patent and Trademark Office (PTO) is granting a significant number of invalid patents that create inefficiencies and chill innovation. At least part of the blame can be placed on the design of the patent system, which places most of the costs associated with understanding the nature and novelty of a claim on the government patent examiner, rather than on the inventor. After considering how a range of inventors might react to this incentive system, we consider reforms that place stronger incentives on the inventor to justify a patent award.
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- Incomprehensible!A Study of How our Legal System Encourages Incomprehensibility, Why It Matters, and What We Can Do About It, pp. 103 - 129Publisher: Cambridge University PressPrint publication year: 2019