Number: RL32996 Title: Patent Reform: Innovation Issues Authors: Wendy H. Schacht and John R. Thomas, Resources, Science, and Industry Division Abstract: This study provides an overview of current patent reform issues. It begins by offering a summary of the structure of the current patent system and the role of patents in innovation policy. The report then reviews some of the broader issues and concerns, including patent quality, the high costs of patent litigation, international harmonization, and speculation in patents, that have motivated these diverse legislative reform proposals. The specific components of this legislation are then identified and reviewed in greater detail. Pages: 42 Date: January 17, 2007