In a significant decision regarding patent eligibility, Alice Corp. v. CLS Bank International, the U.S Supreme Court

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In a significant decision regarding patent eligibility, Alice Corp. v. CLS Bank International, the U.S Supreme Court in June 2004 effectively raised the bar for software patents by declining a patent on the grounds that claims based on abstract ideas were not patentable. Subsequently, the period from 2008 to 2013 witnessed a doubling of patent litigation cases, many of them coming from non-practicing entities or “patent trolls.” During the same period a significant increase in patents granted by the U.S. Patent and Trademark Office was observed. What is the expected effect of the above Supreme Court ruling on patent litigation incidence?

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Principles Of Economics

ISBN: 9781292294698

13th Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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