The Research Of Financial Business Method Patent Protection

Financial activities in promoting the role of the modern market economy is essential. However, financial innovation has been considered not to have patentability, patent protection and therefore long been neglected in the financial sector. Under the background of the electronic information age, with the rapid development of e-commerce and network technology, business method patentability gradually being recognized. To improve competitiveness, financial institutions continue to adopt new technologies and new business methods. To protect its innovations are not imitated by competitors, a solid competitive advantage, financial institutions, patent protection is especially important for business methods. In this paper, a lot of reading on the basis of the relevant literature, the integrated use of the theory of patent strategy theory to study the legal institutional framework for business method patents, business method patents on the behavior of financial firms patent motivation and financial institutions, and then to the United States representative financial business method patent cases are analyzed in detail, and ultimately come to a certain point of view and conclusions theoretical and practical value.Business method patent law system is the legal basis for financial firms’ conduct of patent protection. US paper, the framework and review practices and business methods of the European patent system and its impact on the behavior of financial firms patent were compared. US business method patent license for the most lenient standards and the EU’s main features on business method patents is its technical requirements. Our business method patent legal system owes much to the EU standards and more stringent than the EU. Business method patents have a significant impact on the legal system patented behavioral finance companies. Under this legal framework, the largest US financial sector business method patent applications and granted patents strategies using financial firms are also more positive.Currently, from the perspective of motivation patent, the patent strategy of financial institutions, including defensive strategy, offensive strategy, licensing strategy. Compared to other industries, financial companies are more vulnerable to patent litigation.