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Home » Store » Taxable » Firms are Expected to Aggressively File for Patents Now that a New Ruling Favors Looser Standards

Firms are Expected to Aggressively File for Patents Now that a New Ruling Favors Looser Standards

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The U.S. Court of Appeals for the Federal Circuit in 1998 forever changed what could be patented and thus protected from unauthorized use and copycat inventors. Or so it thought. It was in State Street Bank & Trust v. Signature Financial Corp. that the court ruled that companies could make a patent application for business methods and processes even if they didn’t have a technology element. This meant that firms could gain patents for new…
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