The Licensing of Business Method Patents for Internet UseA U.S. federal court of appeals ruled in State Street Bank & Trust Co. v. Signal Financial Group, (1998) that business methods are patentable. Since that time, numerous companies have applied for business method patents to protect new technologies as a form of intellectual property.
The following questions have been addressed in this article:What do Business Method Patents Protect?
What are the Requirements for Obtaining an Internet Patent?
What should a company do when it plans to license a patented business method?
How are royalty fees computed?
Are their ways to prevent piracy of business method patents?