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Monday, February 21, 2011

Patent-Office Upgrade Seen as Key to Progress


“President Obama, who emphasizes American innovation, says modernizing the federal Patent and Trademark Office is crucial to ‘winning the future.’” (New York Times)

Wrong again.

FEE Timely Classic
“Do Patents Encourage or Hinder Innovation? The Case of the Steam Engine” by Michele Boldrin, David K. Levine, and Alessandro Nuvolari