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2013

Patents

Cornell Law Faculty Publications

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Establishing An Island Of Patent Sanity, Oskar Liivak Jul 2013

Establishing An Island Of Patent Sanity, Oskar Liivak

Cornell Law Faculty Publications

There is a growing, inescapable sense that something has gone terribly wrong with the patent system. The patent system is described as a failure, broken, and dysfunctional. Yet, despite the fact that much of today’s headline-grabbing patent activity appears facially unproductive, we really can’t be sure that the system has failed in its mission. Current patent theory is so indeterminate that it is hard to decisively criticize these activities. In fact, the current narrative cannot conclusively show that patent trolls or any other patent-related activities are or are not economically justified. Though depressing and perhaps embarrassing, this patent indeterminacy is …