business law 5-2

business law 5-2 - Historical and Social Setting: In 1981,...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Historical and Social Setting: In 1981, the United States Supreme Court held that it is possible to obtain a patent for a process that incorporates a computer program-providing, that the process itself is patentable. The Web site of the U.S. Patent and Trademark Office provides searchable databases covering U.S. patents granted since 1976. Patents have been mostly granted for inventions that are new or make an existing invention better. The U.S. Patent and Trademark Office usually rejected computer systems and software applications because they were thought the simply be mathematical algorithms. In 1998, a case, State Street Bank & Trust Co. v. Signature Financial Group, Inc. led to the decision that only three categories will be able to not be patented. These groups are, 1. the laws of nature, 2. natural phenomena, and 3. abstract ideas. These decisions meant that business processes we not able to be patented. After this case, many technology firms applied for business process patents. Facts:
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.
Ask a homework question - tutors are online