Planning for the brave new world: are business method patents going to be second class citizens?
Patents addressed to products in the financial services industry and other types of so-called business method patents have, over the past 10 years, become important tools used by industry members to protect their innovations. Recently, the patent reform lobby has leveled a significant criticism agai...
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Veröffentlicht in: | Intellectual property & technology law journal 2007-06, Vol.19 (6), p.6 |
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Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | Patents addressed to products in the financial services industry and other types of so-called business method patents have, over the past 10 years, become important tools used by industry members to protect their innovations. Recently, the patent reform lobby has leveled a significant criticism against business method patents and has urged Congress to pass patent reform legislation. The Supreme Court has taken notice, making statements in several recent opinions that appear critical of these patents. Yet, financial services companies need patent protection to protect their innovations just like other types of firms. In this article, Thomas J. Scott, Jr., and Stephen T. Schreiner explore the role of intellectual property, particularly patents, in protecting financial services innovation, the developing case law that may change the patent landscape, and how financial services companies can plan for changes in the treatment of these types of patents. [PUBLICATION ABSTRACT] |
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ISSN: | 1534-3618 |