Patent Business Models
There may be changes coming to how businesses can claim and retain patents, according to a New York Times reports.
The Supreme Court agreed on Monday to decide what sorts of business methods might be patented, an issue with the potential to reshape significant parts of the economy.
“This is the most important patent case in 50 years, in particular because there is so much damage and so much good the court could do,” said John F. Duffy, a law professor at George Washington University who submitted a brief in the appeals court in support of neither side.
“The newest areas of technology are most threatened by the issues at stake here,” Professor Duffy said. “The court taking this is likely to make a lot of people nervous, including software manufacturers and biotechnology companies.”