By Austin W. McLaughlin, Cornell University
This memo offers an analysis of some of the most pressing issues in the US patent system, including bad patents, patent trolls, and patent thickets. Today’s patent landscape is decidedly anticompetitive, where the US Patent and Trademark Office (USPTO) is inundated with bad patents that obscure real innovation. It is also predatory, due in part to the practices of companies that aggressively solicit lawsuits at minimal cost without any innovation of their own—known as patent trolls. Meanwhile, truly productive companies are forced to aggregate patent portfolios, contributing to the problem of dense patent thickets, bureaucracy, and cross-licensing issues.
Hoover Institution Summer Policy Boot Camp Director’s Award by Hoover Institution on Scribd
2017 HISPBC Director’s Award Recipients
Modernizing Health Care Regulations to Lower the Costs of Medical Services
By Kishan Bhatt, Princeton University
Sanctioning Ships and Slush Funds: Countering North Korea’s Illicit Maritime Trade
By Brian J. Liu, University of Pennsylvania
Revisiting “Too Big to Fail”: A Better Approach for Regulating Systemic Risk
By John McDonough, U.S. Treasury, Office of Financial Research
Countering Russian Propaganda While Providing Local- Language Services in the V4
By Danni Ondraskova, Wellesley College
Instituting PLOP to Help Shore Up the RSA
By Davis Parker, University of Georgia
