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Innovation And Litigation: Tensions Between Universities And Patents And How To Fix Them, Jacob Rooksby Dec 2012

Innovation And Litigation: Tensions Between Universities And Patents And How To Fix Them, Jacob Rooksby

Jacob H. Rooksby

Universities that own patents have a problem. While nearly all are keen to enhance their revenue generated from patents, few are eager or prepared to enforce them in court, alone or with their exclusive licensees, should a third-party deploy a product or process covered by a university-owned patent. Yet strict prudential standing requirements imposed by the United States Court of Appeals for the Federal Circuit (“CAFC”) effectively require university participation as plaintiffs in enforcement lawsuits over their exclusively licensed patents, regardless of a university’s effective ability or enthusiasm to participate in a given action. Supported by nearly 40 years of …