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Business method patents are a class of patents which disclose and claim new methods of doing business. This includes new types of e-commerce, insurance, banking and tax compliance etc. Business method patents are a relatively new species of patent and there have been several reviews investigating the appropriateness of patenting business methods.
The European Patent Convention does not mention method patents (called process patents) so prominently, and the same applies to the TRIPS Agreement. The prime characteristic of process patents in these treaties is that "the protection conferred by the patent shall extend to the products directly obtained by such process". [8] Art. 28(1)(b ...
The Court's majority also declined to hold business methods categorically patent ineligible. Four Justices, however—Justice Stevens, concurring, joined by Justices Breyer, Ginsburg, and Sotomayor—would have held all business methods patent ineligible, on the basis of the historical background of the patent clause of the Constitution.
Patentability of a claim for a business method patent (but the decision turns on obviousness rather than patent-eligibility). Sakraida v. Ag Pro - Supreme Court, 1976. Arranging old elements with each performing the same function it had been known to perform fell under the head of "work of the skillful mechanic, not of that of the inventor".
The report concluded that each Office’s ability to search the prior art for business method inventions was satisfactory but that the EPO and USPTO should make more use of the JPO search documentation and vice versa and that there should be more exchange of non-patent literature (NPL) searching information. [3]
Such patent claims are often termed business method claims. The serial number for the patent application is 08/833,892. The text is available on the USPTO web site. [6] The patent application describes a method for providing a fixed bill energy contract to consumers. Under fixed bill energy contracts, consumers pay monthly prices for their ...
Business method patent – includes patents on new types of e-commerce; and on methods of doing business in insurance, banking, tax compliance, etc. A business method may be defined as "a method of operating any aspect of an economic enterprise". [2] Tax patent – discloses and claims a system or method for reducing or deferring taxes. In ...
A tax patent is a patent that discloses and claims a system or method for reducing or deferring taxes. Tax patents have been granted predominantly in the United States but can be granted in other countries as well. [1] They are considered to be a form of business method patent.