#41unit 2intellectual property rights
Business methods and processes
Patenting ways of doing business online.
Unit 2Intellectual Property RightsTopic #41Published
Business methods and processes
Not started
Business method patents protect specific ways of doing business online, such as Amazon's one-click purchasing or Priceline's Name Your Own Price. Since the 1998 State Street Bank decision, business methods have been patentable in the United States, though they remain controversial because they can grant broad monopolies on basic commercial ideas.
- Define a business method patent.
- Explain the State Street Bank decision and its significance.
- Identify examples of business method patents.
- Recognise the controversy around business method patents.