Do patents spur innovation?

A new research initiative funded by Qualcomm will investigate the role that patents play in spurring innovation.

The term “patent troll” is certainly a controversial one. Some see patent aggregators as bottom feeders who wish to make a profit not through innovation, but through litigation. Others feel that patents are essential for both big business and small entrepreneurs, allowing them to protect their own ideas and spur on innovation.

With such a hot button topic dominating much of the intellectual property conversation these days, it was only a matter of time before companies felt the need to launch a study to look into the effect that patents have on innovation. Qualcomm Inc. has invested $2 million to fund a study on this very topic, to be conducted by the Searle Center at the Northwestern University School of Law.

Senior Editor and Community Manager

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Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

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