Record Details


Field	Value

Title	Business Method Patents: The Road Ahead

Creator	Ghosh, Abhimanyu

Subject	Business method patents software State Street case

Description	175-184 Business method patents (BMPs) are patents granted for particular business models, that are unique to a particular organization. United States Patent and Trademark Office (USPTO) have been granting patents for ‘business methods’ from the early 1990s. From then onwards, there have been a large number of BMPs, which have been consistently awarded in the US. However, there exists a huge debate whether this kind of patent should be granted or not – whether business models at all constitute patentable matter. In this paper, the author discusses evolution of BMPs, and argues that in spite of the criticisms, this form of patents is necessary, particularly, considering the current hi-technology scenario. The paper discusses BMPs not only from the US standpoint, but also the position taken by other countries and the repercussions of having a liberal attitude of US while granting patents to business methods, especially e-commerce transactions, which are usually mere replications of popular methods used in brick-and-mortar businesses.

Date	2009-03-31T04:22:38Z 2009-03-31T04:22:38Z 2006-05

Type	Article

Identifier	0971-7544 http://hdl.handle.net/123456789/3576

Language	en_US

Publisher	CSIR

Source	JIPR Vol.11(3) [May 2006]

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