The Patent System Pendulum Revisited
The necessity of patent protection in the United States was vocalized by constitutional framers James Madison and Charles Pinckney in 1787. Madison wrote that “[t]he utility of this power will scarcely be questioned. ... The right to useful inventions seems with equal reason to belong to the inventors.”
In 1790, the U.S. Congress passed an act to promote the progress of useful arts. The...
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