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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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

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Fact Sheets

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.

Featured Article

Antitrust Policy Toward Patent Licensing: Why Negotiation Matters

Some are concerned that patents for complex innovations give rise to problems such as royalty stacking or patent thickets. However, empirical data shows that patent pools and negotiation of patent licenses tend to eliminate these concerns.

By: Daniel Spulber