LESSONS FOR PATENT POLICY FROM EMPIRICAL RESEARCH ON PATENT LITIGATION

James Bessen & Michael J. Meurer

Boston University School of Law Working Paper 05-22


Abstract
This Article reviews empirical patent litigation research to reveal patent policy lessons. First, the Article presents facts about patent litigation. Next, it analyzes the patent premium. Patent litigation research reveals little about the magnitude of the patent premium, but the research reveals the strategies firms use to capture the patent premium and the patent policy instruments that determine the patent premium. Next, the Aricle evaluates the patent prosecution process and notes that making efforts to refine a patent application can affect the value of the patent. The Article then identifies reforms for improving PTO performance. Finally, the Article discusses policy changes that patent litigation research suggests would improve procedural fairness and reduce patent litigation costs.


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James Bessen Contact Information

Research on Innovation
202 High Head Rd
Harpswell, ME 04079
USA
E-Mail: jbessen@researchoninnovation.org

Boston University School of Law
765 Commonwealth Avenue
Boston, MA 02215
USA

Michael J. Meurer Contact Information

meurer@bu.edu
Boston University School of Law
765 Commonwealth Ave
Boston, MA 02215
USA
(617) 353-6292

Presentation and Publication Information:
SSRN: http://www.ssrn.com/abstract_id=851044

 

 

 


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