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A Patent System for the 21st Century

Completed

The U.S. patent system is in an accelerating race with human ingenuity and investments in innovation. In response to weaknesses including questionable patent quality, rising transaction costs, impediments to the dissemination of information through patents, and international inconsistencies, a National Academies committee—in its report, A Patent System for the 21st Century—urged major changes to the way the U.S. patent system operates and informed legislation to that effect.

Description

The Science, Technology and Economic Policy Board (STEP) is undertaking a 33-month project in two phases to provide answers to guide policy on intellectual property rights (IPR) over the next decade and beyond. In the first phase, the Board convened East and West Coast workshops of economists, legal scholars and a few practitioners to identify where there may be problems of inadequate or over-protection of IPRs that need attention. In the second phase, an expert study committee will be appointed to commission analyses and some short-term empirical research on the issues identified in Phase One, primarily with respect to the operation of the patent system and enforcement of trade secret protection and their effects on new technologies or newly-patented technologies (biotechnology, software, and to a lesser extent semiconductors). The committee will consider the results of this work along with previous research and the experiences of committee members and others, develop consensus findings and recommendations, and issue a report.

Contributors

Committee

Richard C. Levin

Co-Chair

Mark B. Myers

Co-Chair

John H. Barton

Member

Robert P. Blackburn

Member

Wesley M. Cohen

Member

Frank Collins

Member

Kenneth W. Dam

Member

William Davidow

Member

Rochelle C. Dreyfuss

Member

Bronwyn H. Hall

Member

Joel Klein

Member

Dan McCurdy

Member

Rob Merges

Member

Gerald Mossinghoff

Member

Gail K. Naughton

Member

Richard R. Nelson

Member

Jim Pooley

Member

William J. Raduchel

Member

Pamela Samuelson

Member

Stephen A. Merrill

Staff Officer

Sponsors

Andrew W. Mellon Foundation

Department of Commerce

Merck & Co., Inc.

NASA

Procter & Gamble Company

Staff

David Dierksheide

Lead

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