The Perryman Group, in a recent economic study commissioned by Unified Edge, has found that over the next 10 years, the total economic benefit of reducing discretionary denials of inter partes review proceedings under criteria such as the NHK-Fintiv rules will lead to an increase in US business activity of $482.1 million, $230.4 million in personal income, and approximately 2,000 job-years of employment.
Source: The Perryman Group
Conversely, any activity that would reinforce or ensconce those rules or other forms of discretionary denial edicts—i.e., a continuation of current practice—could cost the U.S. economy almost $500 million.
The report, The Potential Economic Benefits of Recent Reductions in Discretionary Denial of Inter Partes Review Based on Criteria such as the NHK-Fintiv Rules (March 2023), was commissioned by Unified Edge in part to explore the as-yet unstudied economic impact the NHK-Fintiv criteria. It researches, organizes, and provides data-backed studies and evidence to further regulatory and policy goals, and works to keep the policymakers up to date and informed on ongoing policies, data, and the regulatory landscape to move the law forward in a just, reasoned, and evidence-based way.