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- W3125472716 abstract "Reports of the U.S. Patent and Trademark Office (USPTO) granting absurd patents are rampant. Peanut butter sandwiches, pet toys on a stick, hammocks for cats, and one-click shopping have each been the subject of a newspaper or magazine story, and each serve as evidence of how “patently absurd” the work of the USPTO is. Reform proposals are also prevalent, ranging from more careful scrutiny of patent applications by the USPTO to scrapping the patent system altogether. In this Article, we respond to Professor Lemley’s argument and show that his analysis fails to fully assess the benefits and costs of patents. Professor Lemley does not necessarily think there is a problem with how the USPTO handles patent applications; the agency does the best it can. To use his phrase, the USPTO is “rationally ignorant.” The agency is not omniscient; it cannot ensure that every patent is truly novel, useful, and nonobvious. Consequently, if one is to correct the patent system, the only truly feasible solution is for the courts to more closely scrutinize the patents that come before them. In short, the main patent reform we need is to remove the presumption of patent validity that is currently codified in the Patent Act." @default.
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- W3125472716 date "2004-02-24" @default.
- W3125472716 modified "2023-09-26" @default.
- W3125472716 title "What Do Patent's Purchase? In Search of Optimal Ignorance in the Patent Office" @default.
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