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Innovation and its Discontents

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Jaffe, A.. 0-691-12794-8 edic.2007 Innovation and Its Discontents tells the story of how recent changes in patenting--an institutional process that was created to nurture innovation--have wreaked havoc on innovators, businesses, and economic productivity. Jaffe and Lerner, who have spent the past two decades studying the patent system, show how legal changes initiated in the 1980s converted the system from a stimulator of innovation to a creator of litigation and uncertainty that threatens the innovation process itself.In one telling vignette, Jaffe and Lerner cite a patent litigation campaign brought by
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