The Sunwater Institute's report concludes that the USPTO erroneously rejects patent claims more frequently than the agency erroneously grants claims.
The report's findings challenge the narrative that the nation's economy is adversely affected by the quality of patents issued by the USPTO, as the grant rates for erroneous patents are significantly lower.
With only 7% of patent claims being granted erroneously compared to 18% of valid claims that get abandoned, the report suggests the need for reform in examining patents.
Economic costs arise from both types of errors in patent examination, with wrongly granted patents inflating product prices and litigation costs, while valid claims that are abandoned deter innovation.
Collection
[
|
...
]