THE government is introducing a substantive search-and-examination process for patent applications to replace the depository system — it believes this will enable the granting of more robust patents.
Critics of the existing system say it encourages frivolous applications and allows weak patents to be issued. A move towards a substantive search-and-examination system is a fine idea, but several hurdles will need to be overcome.
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Jasson Urbach is an Economist and director of the Free Market Foundation.
Publish date: 20 July 2015
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.