The National Patent Consortium
Vices of the Patent System The Optimal Patent System Creating the Optimal System The U.S. patent system operates too inefficiently. Patent applications take years to be reviewed and patents issued. Legal services for each patent cost tens of thousands or even millions of dollars. These circumstances make the development of the technology startup industry very difficult. However, the main problem is the lack of certainty of patent protection of inventions. Because of this, thousands of legal conflicts between patent owners, including large corporations, occur. They prevent the use of technology and cause hundreds of billions of dollars in losses to the economy each year. The U.S. patent system does not contain a definite and meaningful criterion for patent novelty of inventions. Therefore, the number of patents has exceeded 10 million, a significant portion of which have not created real novelty and clutter the invention database to no avail. Pseudo-invention patents enable “patent