Patent Filings, Litigation May Shift in Economic Crisis

Posted April 21, 2020

External Article: Bloomberg Law

Alan Marco, associate professor in the School of Public Policy, was quoted in "Patent Filings, Litigation May Shift in Economic Crisis," published April 21 in Bloomberg Law. 

The economic downturn caused by the coronavirus pandemic could affect patent applications and the market for trademarks in ways that are still being manifested, and Marco, a former chief economist with the U.S. Patent and Trademark Office, spoke to the potential effect of business failures on the market.

Excerpt:

And as startups and small businesses fail, patents and other IP assets will hit the open market at bargain prices. Alan Marco, a Georgia Tech professor and former chief economist at the PTO, said there could be an unprecedented number of IP transactions in the next year. That could lead to litigation as new patent owners seek to enforce their rights.

Read the full story here.