Patent trolls discourage innovation, discourage business, and generally sap money from the economy and tie up the courts.
If you knew anything about patent litigation and new product development you would understand this. But you don't so your comments are ignorant.
How would you like it if you ran a business for years, then received a letter from some unknown company to cease and desist because they found a way to find a patent on the things YOU invented. Unfortunately it keeps happening.
Alone,the four points may not seem evil, but together they create the basis for a patent troll. Running a business with no goals but to profit on the innovative ideas and hard work done by others at their own risk is not something I call good business ethics. Is it capitalism? I guess so, but not capitalism at its best. In my experiences in the field, the patent system is broken, and are almost useless. If I had a patent today, a larger corporation could come in and hire a score of lawyers to work around it. This same tactic could be used in reversal, which is exactly what a patent troll is.
Reader Comments (Page 1 of 1)
NHAnimator @ Mar 2nd 2007 11:43AM
Huh?
What's wrong with licensing a held patent? Nothing.
What's wrong with charging as much as you want for the licensing? Nothing.
What's wrong with suing someone for patent infringement? Nothing.
And what's wrong with a company not having any actual, tangible products? Nothing.
Welcome to capitalism at its best.
oo7ev @ Mar 2nd 2007 1:28PM
Patent trolls discourage innovation, discourage business, and generally sap money from the economy and tie up the courts.
If you knew anything about patent litigation and new product development you would understand this. But you don't so your comments are ignorant.
How would you like it if you ran a business for years, then received a letter from some unknown company to cease and desist because they found a way to find a patent on the things YOU invented. Unfortunately it keeps happening.
oo7ev @ Mar 2nd 2007 6:41PM
Alone,the four points may not seem evil, but together they create the basis for a patent troll. Running a business with no goals but to profit on the innovative ideas and hard work done by others at their own risk is not something I call good business ethics. Is it capitalism? I guess so, but not capitalism at its best. In my experiences in the field, the patent system is broken, and are almost useless. If I had a patent today, a larger corporation could come in and hire a score of lawyers to work around it. This same tactic could be used in reversal, which is exactly what a patent troll is.