Intellectual Property

Patents

A patent provides protection for an invention to the owner of the patent. The protection is granted for a limited period, generally 20 years. Patent protection means that the invention cannot be commercially made, used, distributed or sold without the patent owner's consent.

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Fact Sheets

Software Patents

A patent provides an exclusive legal right to an invention for a limited period of time, in exchange for public disclosure of that innovation. As with other property rights, patents may be sold, transferred, or licensed for a third party’s use.

Patent Reform

A patent is an exclusive legal right to own and market an invention or improvement for a limited period of time, in exchange for public disclosure of the invention.

TAP Blog

Where Are the Fintech Innovators?

Harvard’s Josh Lerner and Stanford’s Amit Seru share findings from their recent work with Nick Short and Yuan Sun to identify who the innovators and patent awardees are within the financial technology sector.

Josh Lerner and Amit Seru

Quote

Changing U.S. Patent Policy on Tech Standards Stirs Concerns

"The best way to resolve this issue is not to change policy approaches." — Mark Lemley, Professor of Law, Stanford University

Mark Lemley
Bloomberg Law
December 26, 2018

Featured Article

Antitrust and Innovation Competition

Some antitrust policymakers are recognizing the importance of innovation competition, including nonprice competition and technological change. Antitrust policymakers must update their analysis to avoid errors.

By: Daniel Spulber