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

Four years of Dodd-Frank damage
image Dodd-Frank, financial institutions, and public opinion
image Time for an Anwar Sadat moment in the Middle East
image Freedom of the skies at risk
AEI on Facebook
Events Calendar
  • 21
    MON
  • 22
    TUE
  • 23
    WED
  • 24
    THU
  • 25
    FRI
Monday, July 21, 2014 | 9:15 a.m. – 11:30 a.m.
Closing the gaps in health outcomes: Alternative paths forward

Please join us for a broader exploration of targeted interventions that provide real promise for reducing health disparities, limiting or delaying the onset of chronic health conditions, and improving the performance of the US health care system.

Event Registration is Closed
Monday, July 21, 2014 | 4:00 p.m. – 5:30 p.m.
Comprehending comprehensive universities

Join us for a panel discussion that seeks to comprehend the comprehensives and to determine the role these schools play in the nation’s college completion agenda.

Event Registration is Closed
Tuesday, July 22, 2014 | 8:50 a.m. – 12:00 p.m.
Who governs the Internet? A conversation on securing the multistakeholder process

Please join AEI’s Center for Internet, Communications, and Technology Policy for a conference to address key steps we can take, as members of the global community, to maintain a free Internet.

Event Registration is Closed
Thursday, July 24, 2014 | 9:00 a.m. – 10:00 a.m.
Expanding opportunity in America: A conversation with House Budget Committee Chairman Paul Ryan

Please join us as House Budget Committee Chairman Paul Ryan (R-WI) unveils a new set of policy reforms aimed at reducing poverty and increasing upward mobility throughout America.

Thursday, July 24, 2014 | 6:00 p.m. – 7:15 p.m.
Is it time to end the Export-Import Bank?

We welcome you to join us at AEI as POLITICO’s Ben White moderates a lively debate between Tim Carney, one of the bank’s fiercest critics, and Tony Fratto, one of the agency’s staunchest defenders.

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