Sample Essay on:
Should The Monopoly Of Patents Be Abolished

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Essay / Research Paper Abstract

An 8 page paper. Thomas Jefferson initiated the U.S. Patent and Trademark Office. The patent laws, in fact, all intellectual property protection laws, are controversial. This essay presents the arguments on both sides of the debate. Included are discussions on: the requirements for being awarded a patent, the four precepts by which the Patent Office is operated, the two major philosophical justifications for patents, other arguments in support of continuing the patent system and the arguments that refute those. Bibliography lists 5 sources.

Page Count:

8 pages (~225 words per page)

File: MM12_PGpatn.rtf

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Unformatted sample text from the term paper:

have initiated the Office but Abraham Lincoln was the only president to hole a patent himself (Malone, 2002). Lincolns invention was a device that could lift boats over shoals without discharging their cargo (Malone, 2002). Lincoln would later write that "The Patent System added the fuel of interest to the fire of genius" (Malone, 2002, p. 032). There has never been a shortage of genius in this land but the challenge has always been how to stoke the genius through a system that rewards the inventor with a monopoly, albeit temporary, while simultaneously protecting competition, which is the core of a free-market system (Malone, 2002). One million patents were awarded in the first 100 years of patent law, the second million took only 50 years longer but on December 7, 1999, patent number 6,000,000 was awarded (Malone, 2002). That patent went to 3Com for the invention of "hot synchronization" technology for handhelds (Malone, 2002). The patent office receives about 3,500 new patents each and every week (Malone, 2002). At the same time, the Office gets about 2,000 trademarks each week (Malone, 2002). Each application averages between 20 and 40 pages but those that deal with fields like electronics and biotechnology can easily run up to tens of thousands of pages, including text and diagrams (Malone, 2002). Each one must be read with checks and cross-referencing (Malone, 2002). It has become a morass of hundreds of millions pieces of paper. There are three basic requirements for being awarded a patent: 1. The invention must be useful (Glazer, 1994, p. 36). 2. It must not have been previously available to the public (Glazer, 1994, p. 36). 3. It must be sufficiently different from what has been used or described before that it is "not obvious" to a person having ...

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