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.

Back to main Patents page

Quotes

Who’s Afraid of the Dragon?


Nicholas Bloom
Source: The Economist
October 15, 2011

Trolls, Geeks and Lots of Lawyers


Robert Barr
Source: The Deal Magazine
October 14, 2011

Senate Passes Patent Bill


James Bessen
Source: Washington Post
September 8, 2011

Founder of Priceline Spoiling for a Fight Over Tech Patents


Robert Barr
Source: The Wall Street Journal
August 22, 2011

Tivo Takes $500m to End Patent Suit


Richard Epstein
Source: Financial Times
May 2, 2011
Results 61 - 67 of 67
|< < 6 7 > >|

TAP Blog

Northwestern Professor Daniel Spulber Makes a Case for Patents

The Case for Patents, a new book by Northwestern University business and law professor Daniel Spulber, emphasizes the importance of incentives for invention, innovation, and technology adoption.

TAP Staff Blogger

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.

Featured Article

A Toolkit of Policies to Promote Innovation

Innovation is an important route to continued productivity growth in the United States. Tax credits for research and development (R&D) are among the best ways to spur innovation. Evidence as to whether the patent system promotes innovation is inconclusive.

By: Heidi Williams, John Van Reenen, Nicholas Bloom