1 Big data is upon us. 3 Over the past few years, the volume of data collected and stored by
business and government organizations has exploded. 4 The trend is driven by reduced …

This chapter provides a comprehensive survey of the burgeoning literature on the law and
economics of intellectual property. It is organized around the two principal objectives of …

In recent years, business leaders, policymakers, and inventors have complained to the
media and to Congress that today's patent system stifles innovation instead of fostering it …

Economists often assume that a patent gives its owner a well-defined legal right to exclude
others from practicing the invention described in the patent. In practice, however, the rights …

135 USC?? 100-376 (2000). 2See, eg, id.? 103 (b)(2000)(special nonobviousness provision
for biotechnology).'Diamond v. Chakrabarty, 447 US 303, 309 (1980)(citing S. Rep. No. 82 …

How much time and money should the Patent and Trademark Office spend deciding whether
to issue a patent? To judge by recent criticism of the office from academics, industry leaders …

Beyond the Patents-Prizes Debate Page 1 Beyond the Patents-Prizes Debate Daniel J. Hemel
& Lisa Larrimore Ouellette* Intellectual property scholars have vigorously debated the merits of …

Patent law is crucial to encourage technological innovation. But as the patent system
currently stands, diverse industries from pharmaceuticals to software to semiconductors are …

ABSTRACT In this paper, Professor Merges describes the emergence of patents for
business" methods" or concepts, such as Internet airplane ticket purchase systems …

See BERNARD BARBER, SCIENCE AND THE SOCIAL ORDER 95 (1953). Because basic
research is relatively theoretical in nature, a significant period of time may elapse before …