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Intellectual Property Law

: The Trade Secrets Vault

Inventing a Better Patent System

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By ROBERT C. POZEN GARY LOCKE, the secretary of commerce, has urged Congress to overhaul the nation's patent law by the end of the year. Although a bill has been circulating since 2005, a fierce fight involving the high-tech and drug industries on a technical issue -- how to measure damages when a company violates a patent applying to one component of a larger product -- has kept it from reaching a vote. The quality of American patents has been deteriorating for years; they are increasingly issued for products and processes that are not truly innovative -- things like the queuing system for Netflix, which was patented in 2003. To continue reading this article from The New York Times, click here.

Full post as published by The Trade Secrets Vault on November 17, 2009 (boomark / email).

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