Why patents matter: their benefits and disadvantages

Guest Contributor
February 21, 2024

Patents are a growing economic force incurring many benefits on those who hold them, but they also have disadvantages and patent systems need improvements, says innovation thought leader Alex Navarre.

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Other stories mentioning these organizations, people and topics
Organizations: 10X Genomics, Amazon, Apple, AUTM, Canadian Intellectual Property Office, European Parliament, European Patent Office, Facebook, Google, House of Commons Standing Committee on Science and Research, Kodak, Nanostring Technologies, Numinor Counceil Inc., Research in Motion, U.S. District Court for the District of Delaware, United States Patent and Trademark Office, University of Florida, University of Sherbrooke, and World Intellectual Property Organization
People: Abraham Lincoln and Alex Navarre
Topics: "gazelles" (high-growth companies), academic institutions policies on IP, academic researchers and patents, artificial intelligence, benefits and disadvantages of patents, Canada's poor performance in securing patents, complex patent legal environment, cost of obtaining and protecting patents, court cases on patent infringement, disruptive inventions, federal policies to avert predatory patent practices, free and simplified software licenses, GAFA tech giants, Gatorade, genetic modification of plants or animals, growing economic importance of patents, impact of technology regulations from foreign jurisdictions, intangible assets, intellectual property protection, international patent landscape, international trade agreements, open science, open source software, orphan patents and startup firms, patent "trolls", patent mapping, patents in pharmaceutical sector, rising number of patents globally, ShanghaiRanking of academic subjects, university recognition of patents' importance, and VoiceAge technology

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