In a paper published on July 25, 2012 (available from SSRN), Chicago-area scholars David Schwartz and Jay Kesan challenge a study by Boston University professors James Bessen and Michael Meurer, which claimed that patent litigation generated by so-called “non-practicing entities” imposes direct costs of $29 B. Intellectual Ventures’ Peter Detkin and Patentology’s Mark Summerfield already … Continue reading
The BBC ran another article in a tired meme about evil patent owners supposedly “costing” billions per year. Of course, the article doesn’t specify who supposedly bore this $29 B “cost” or how it was calculated, but instead cites a Boston University paper by Professors James Bessen and Michael Meurer. According to the BBC article, … Continue reading
In September 2011, flawed research from a handful of Boston University professors made headlines with several highly popular news organizations claiming that patent owners were somehow responsible for a net loss of billions of dollars in wealth from corporate America. Joff Wild at IAM Magazine accurately predicted that the research would be well received and … Continue reading