Patent litigation is a high-stakes arena where the value of intellectual property and the uncertainty surrounding it collide. In October I will be presenting a paper at Northwestern University, which delves into this complex interplay.1 The paper employs an innovative approach to use patent litigation data as a means of exploring patent value and uncertainty […]
Uncertainty
The Alice Decision and Uncertainty in IP
In other Ocean Tomo Insights posts, I have discussed uncertainty in the intellectual property system. In the patent system, one of the sources of uncertainty is the question of validity. A recent publication by my former colleagues in the Office of the Chief Economist at the US Patent and Trademark Office addresses uncertainty that resulted […]
Patent Value, Uncertainty, and the Debate about Patent Quality
When I was the Chief Economist at the U.S. Patent and Trademark Office (USPTO), I sometimes encountered people who were surprised to know that I existed. Well, not me as an individual, but the role of Chief Economist. Why does the USPTO have economists? Now, many of these individuals were Congressional staffer-types on their fourth […]