The U.S. Court of Appeals for the Federal Circuit (CAFC) issued a precedential decision today in Ironburg Inventions Ltd. v. Valve Corporation, reversing a district court ruling that had estopped Valve Corporation from asserting two invalidity grounds at trial. The majority opinion, authored by Judge Hughes, concluded that the district court relied on insufficient evidence to estop one ground and failed to adequately account for hindsight bias in estopping the other. Judge Stark filed a concurring opinion.

This week on IPWatchdog Unleashed, I speak with Martin Correa. Correa, who leads foresight work at the World Intellectual Property Organization (WIPO). Correa’s job is not to predict the future of IP, but to consider what futures are possible so WIPO and Member States can be better prepared for whatever eventuality does materialize. And since there is no data about the future—as he puts it—his work uses signals of change, horizon scanning and competing scenarios to expose assumptions and identify the decisions that could push the IP system in one direction or another.

The United States patent system is not failing because Americans have stopped inventing. It is failing because the legal and institutional architecture built to protect invention no longer operates as a coherent innovation framework. Over time, the system has become a patchwork of overlapping tribunals, inconsistent legal standards, procedural inefficiencies, and doctrinal barriers that make it harder to obtain, defend, enforce, license, and rely upon even high-quality patent rights covering innovations of extraordinary consequence. Now in the coming months we will move forward with a candid, serious, historically grounded, and focused conversation on building—not merely patching—the next American patent system.