Patent title insurance
Charles Duan
Chapter 10 in Handbook of Innovation and Intellectual Property Rights, 2024, pp 163-175 from Edward Elgar Publishing
Abstract:
This chapter explores the possibility of offering a form of insurance to patent-holding inventors, protecting them against the risk that their patents are invalidated in administrative proceedings before the Patent Trial and Appeal Board. Although this kind of “patent title insurance” does not appear to exist to date, it would potentially have tremendous public benefits, helping to resolve heated policy debates over both low patent quality and those administrative proceedings. Yet the potentially high cost of underwriting not only explains why this insurance is not readily available on the market today, but also sheds light on fundamental difficulties with the patent system as a whole.
Keywords: Business and Management; Economics and Finance; Innovations and Technology; Law - Academic (search for similar items in EconPapers)
Date: 2024
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