2019
DOI: 10.31235/osf.io/qzmf8
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Decentralising the Patent System

Abstract: This paper proposes a substantive re-think of the modern patent system. The patent system has come under intensive criticism in the past, and many scholars have proposed ways to improve it. Ideas for improvement include, e.g., prior-art bounties, contracting out examination and dynamic fee setting. However, many of these ideas have gone unheeded due to the cost of administering them and the rigidity of the patent system. We explore how distributed ledger technologies enable these major changes.

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Cited by 2 publications
(4 citation statements)
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“…In contrast, both the JPO and EPO have higher rates of incorrectly granted patents. 195 This finding contradicts the common assumption that a strong positive correlation exists between lenient examination and low patent quality. The authors further conclude, ''raising the U.S. standard to the level of the highest country would eliminate some low-quality patents, but perhaps not as many as some commentators believe.…”
Section: Pre-grant Proceeding Reformmentioning
confidence: 92%
See 2 more Smart Citations
“…In contrast, both the JPO and EPO have higher rates of incorrectly granted patents. 195 This finding contradicts the common assumption that a strong positive correlation exists between lenient examination and low patent quality. The authors further conclude, ''raising the U.S. standard to the level of the highest country would eliminate some low-quality patents, but perhaps not as many as some commentators believe.…”
Section: Pre-grant Proceeding Reformmentioning
confidence: 92%
“…In recent cross-country research, de Rassenfosse et al find that stricter examination standards do not mean higher quality. 193 The authors compare the examination data of ''twin'' applications filed in the five biggest patent offices, which are the USPTO, EPO, JPO, the Korean Intellectual Property Office (KIPO), and the China National Intellectual Property Administration (CNIPA). 194 The results indicate that although the JPO and EPO have the most stringent examination standards, they also have the lowest accuracy rates.…”
Section: Pre-grant Proceeding Reformmentioning
confidence: 99%
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“…About half of this surge can be traced to a patent being filed with multiple offices, leading to large patent families (Fink, Khan and Zhou 2016). 2 The other half, however, is indicative of a genuine increase in innovation activity.…”
Section: Patenting Activitymentioning
confidence: 99%