The Patent System and the New Economy

Though the patent system has changed over time in response to changes in science, technology, and economic organization, there is growing concern that the U.S. patent system is nonetheless failing to keep pace with rapid advances in information technology and biotechnology. At the same time, our patent regime is also facing a separate set of challenges that arise from the growth of litigation in the United States and abroad, the globalization of commerce, and multiplying conflicts among nations' patent policies. This American Enetrprise Institute conference on March 10, 2005 explores the problems of the patent system and proposals for improving it.

Click here for the video featuring Bradford L. Smith, Microsoft Corporation; Q. Todd Dickinson, General Electric Company; John F. Duffy, George Washington University Law School; James V. DeLong, Progress and Freedom Foundation; Andre Carter, Irimi Incorporated; and Christopher DeMuth, AEI