1.1.2 In a significant decision regarding patent eligibility, Alice Corp. v. CLS Bank International, the U.S Supreme...
Question:
1.1.2 In a significant decision regarding patent eligibility, Alice Corp. v. CLS Bank International, the U.S Supreme Court in June 2004 effectively raised the bar for software patents by declining a patent on the grounds that implementation of claims based on abstract ideas were not patentable.
The period from 2008 to 2013 had witnessed a doubling of patent litigation cases, many of them coming from non-practicing entities or “patent trolls”. During the same period there was observed a significant increase in patents granted by the U.S. Patent and Trademark Office.
What is the expected effect of the above Supreme Court ruling on patent litigation incidence?
Step by Step Answer:
Principles Of Economics
ISBN: 9780802845610
12 Global Edition
Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster