How Patent Law Has Changed for the Worse
Scientific achievement is almost impossible for the little guy anymoreDuring their conversation about the National Science Foundation, Drs. Robert J. Marks and Paul Werbos took a moment to discuss patent law. Their short rabbit trail ends with a grim analysis of patent law today: it’s now “almost impossible for the little guy” to secure a patent – and expensive. Patent law was considered so important to the nation’s founders that they enshrined it in the Constitution, granting Congress the authority to protect the rights of inventors to their inventions (see: Article 1, Section 8, Clause 8). “Granting exclusive rights to the inventor is intended to encourage the investment of time and resources into the development of new and useful discoveries,” explains Cornell’s Legal Information Institute. In 2011, then-President Barack Read More ›