Richard Epstein the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, discusses the flaws in the America Invents Act and considers how to create a patent system that more effectively fosters American innovation.
Epstein discusses the Supreme Court’s review of Koontz v. St. Johns River Water Management District on the John Batchelor Show
Richard Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution and a member of the John and Jean De Nault Task Force on Property Rights, Freedom, and Prosperity, speaks to the long-standing conflict between the constitutional protection of property rights and the state’s desire to protect its pristine wetlands, always in short supply, from destruction by real estate development.
Don't thank Republicans, business leaders or the media for saving the U.S. . . .
Does the US patent system as currently constituted hold up or push forward the commercialization of technological innovations? Does the US patent system frustrate or facilitate the inventive activities and entrepreneurial processes central to economic growth? The US patent system is a solution to a delicate balancing act where the complete absence of intellectual property rights or the overly broad specification of those rights can thwart innovation. Inventors require the means to earn a return on the years spent perfecting an invention