OECD report shows dramatic decline in patent quality
Friday, September 23, 2011 - 08:00
in Mathematics & Economics
(PhysOrg.com) -- The Organization for Economic Cooperation and Development (OECD) has published its Science, Technology and Industry Scoreboard for 2011 and one section shows that patent quality over the past 20 years has declined dramatically, mainly the authors say, due to excessive litigation by so-called non-practicing entities that seek to exploit patent laws. The result they say, is a glut of minor or incremental patent applications that add little to scientific progress.