Tim Lee on patent reform


September 13, 2011

Timothy B. Lee, adjunct scholar with the Cato Institute, a contributor to Ars Technica, and blogger at Forbes.com, discusses the recent patent wars and the prospects for reform. Over the last two decades, large software companies like Microsoft and Apple began acquiring a significant number of patents, gaining the power to shut down or demand payment from any software company that might inadvertently infringe those patents. Lee talks about Google’s entry into the patent game, particularly with the acquisition of Motorola. He also discusses the theory behind these patent wars and how the use of patents have been altered from incentives for innovation to a litigation shield. Finally, Lee talks about different proposals for patent reform, including a first to file scheme that is part of the America Invents Act.



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