Posts Tagged: "Brookings Institute"

Is Brookings Pushing an Efficient Infringer Narrative with Biased Panel Discussion?

Unfortunately, there’s every indication that today’s event at Brookings will feature more of the same kind of misguided rhetoric on perceived issues with the patent system which don’t truly exist. The evidence for this starts with the moderator for the day’s final roundtable discussion, titled Realigning Incentives to Increase Patent Quality. The moderator for this discussion will be Tim Lee, senior reporter of tech policy for Ars Technica. Lee has written in the past on the effects of “ridiculous patent litigation” and has given space to viewpoints which want to limit patentability in certain sectors, such as in business methods. Lee has also been very critical of appellate court decisions in patent cases in recent years to the point that assertions he’s made on case law regarding the patentability of software inventions border on the ridiculously absurd. This individual, who has a clearly anti-patent viewpoint, will be controlling the discussion during the final panel roundtable on patent policy.

When Universities Patent Their Research

A few months ago, a judge ordered Apple to pay the University of Wisconsin $506 million for infringing one of its tech patents. Last year, Carnegie-Mellon University won $750 million in a patent infringement lawsuit against Marvell Technology Group. With such big-money patent cases in the news, you might think that owning a patent can create a major windfall of profit for universities. While this has proven true for a handful of institutions, the truth is that most universities actually make little or no money from licensing the inventions they produce.  

The Future of CleanTech Patents

The number of U.S. patents granted for clean energy technology has recently dropped following a near 10-year period of growth. In fact, according to the Brookings Institute, the number of CleanTech patents granted in the country fell by a whopping nine percent between 2014 and 2016. When the economy picks up and things shift again, energy patents should be able to move forward, but for now, the uncertainty with the current Trump administration has brought things to a complete standstill.

Slump in Clean Energy Patents Causes Concern

As of late, the spike of clean energy technology innovation is slowing down in the United States, during a time that the Trump administration is aiming to drastically cut government research spending in the industry… The slump in clean energy patents is a direct result of the downturn in oil and gas prices, according to Morico. “When oil was trading at over $100 per barrel just before the crash in 2014, there was a lot of investment going into renewable/clean energy. After the prices of oil crashed, investors started cutting back their investments in renewable/clean energy because the costs of many of these technologies couldn’t compete with low oil and gas prices,” he explained.

Automation will cause worker displacement but will also create jobs

Google, now Alphabet Inc., is one of the world’s most valuable companies but employs only a tenth of the number of workers of past giants of industry like AT&T and General Motors did about a half century ago. But we need to point out some obvious problems with the theory that technological innovation is dealing irreparable harm to the American workforce. Simply stated, you cannot ignore the reality that technological innovation is a net creator of jobs, from those who create the innovation, to those who market and sell the innovations, to those who install and maintain the innovations. Focusing only on the low income workers who will be displaced by robotics, for example, creates an inaccurate picture that significantly distorts the workplace realities. Further, it is those innovation based jobs that are the high paying jobs that our economy most wants and which will pay livable wages.