Posts Tagged: "Adam Smith"

Raid on Gibraltar: How the U.S. Patent System was Rigged Against Independent Inventors

The numbers are stark. As recently as 1990, individual inventors were granted 17 percent of all patents. By 2000, they received 12 percent and only 6.8 percent in 2010. In 2015, individual inventors were granted only 5.8 percent of all patents. In sum, if there is any example of a nation squandering its technological seed corn, this systematic weakening of U.S. patent protections for some “guy in the garage” is it. The great irony is that most of the people behind the screen in all this got their start in that same “garage.” They know this all too well, which is why they’re relieved to see the garage all but Closed for Business.

Pat Choate & Joan Maginnis

September 17, 2017

Tech Round-Up: Toyota Invests in AI, EU Safe Harbor Invalidated, New Android Chip Designs

American business interests could be adrift at sea after the European Court of Justice invalidated the U.S.-EU Safe Harbor agreement, which governs the transfer of data from European citizens to data centers outside of Europe. Meanwhile, the high tech world of Silicon Valley is getting a new, well-heeled neighbor when Japanese automaker Toyota Motors Corp. (NYSE:TM) realizes its plans of establishing a new five-year corporate venture focused on developing artificial intelligence (AI) technologies. Google is also undertaking the push to develop its own processing chips in an effort to stem fragmentation of Android device development.

Steve Brachmann

November 15, 2015

Bowman v. Monsanto: Striking at the Roots of Innovation

Bowman v Monsanto involves a farmer who figured out how to get Monsanto’s patented seeds cheaper from a grain elevator than from the company. I won’t attempt to delve into the intricacies of the litigation or the doctrine of patent exhaustion, but do want to consider a larger point. What happens if our innovators lose confidence in the patent system? Some apparently believe this is a desirable outcome

Joseph Allen

February 10, 2013