Preface ix Introduction: They Fixed It, and Now It's Broke 1 CHAPTER 1: Today's Patent System at Work 25 CHAPTER 2: The Dark Side of Patents 56 CHAPTER 3: The Long Debate 78 CHAPTER 4: The Silent Revolution 96 CHAPTER 5: The Slow Starvation 127 CHAPTER 6: The Patent Reform Quagmire 151 CHAPTER 7: Innovation and Its Discontents 170 Notes 209 Index 229
Jaffe and Lerner's arguments are persuasive and their recommendations sensible. The book makes a very significant contribution to the current debates on patent policy. -- Bronwyn Hall, University of California, Berkeley This is a valuable and timely book by two highly regarded experts in the field. It is an extremely well-written and well argued work that shows how the patent system has evolved in disturbing ways over the past two decades. -- Brian Kahin, University of Michigan Patents are at the heart of the process of economic growth, and the process is suffering from a powerful form of card
Adam B. Jaffe is Professor of Economics and Dean of Arts and Sciences at Brandeis University. He is the author, with Manuel Trajtenberg, of "Patents, Citations, and Innovations: A Window on the Knowledge Economy". Josh Lerner is Jacob H. Schiff professor of Investment Banking at Harvard Business School, with a joint appointment in the Finance and the Entrepreneurial Management Units. His books include "The Money of Invention".
A lucid, entertaining and sobering look at the American patent system. -- Hal R. Varian New York Times A disturbing analysis of how the patent system, the heart of the knowledge economy, is rotten. With plenty of examples, the authors explain how America's patent system has become slow and bureaucratic, awarding too many patents for the wrong sorts of things. As a result, it is a threat to this most innovative economy. Economist This book sounds an alarm bell that is hard to ignore since this is a policy area, which is very important for the national interests of the United States. The authors maintain that the present patent system in this country is profoundly flawed. -- Giuseppe Ammendola American Foreign Policy Interests This is a timely and concise book that presents a comprehensive and convincing argument about the not-so-explicit changes in U.S. patent law beginning in 1982, changes that the authors argue have broken a patent system that worked previously. -- Zainub Verjee Leonardo Reviews Adam Jaffe and Josh Lerner have given us a wonderfully timely book--and also one that is beautifully executed. If Congress is to reform the system, the public ought to understand its current failings. -- Rochelle Dreyfuss Michigan Law Review
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