Will higher patent fees kill American innovation?Fred Chen
1/31/2013 12:00 PM EST
Higher patent office fees are effective March 19. It's a burden on small and large parties alike, with examination fees almost tripling, as well as substantial maintenance fee increases. It means new innovations will clearly have a larger entry barrier starting this year. It appears to be the final nail in the coffin, after lack of STEM enthusiasm, outsourcing, and simple increasing technological difficulty.