Why the U.S. Patent System is a Mess

Michael Mandel

Everyone agrees the U.S. patent system is a mess. There's a very simple reason why--the two industries which depend the most on innovation, pharmaceuticals and information technology, have very different interests. Ben Worthen discusses the Patent Reform Act of 2005, which was introduced in June by Representative Lamar Smith (R- TX), chairman of the House subcommittee on Courts, the Internet, and Intellectual Property. Worthen notes that

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