Design Con 2015

How Patent Trolls Stifle Innovation

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anandvy
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Re: RE : How Patent Trolls Stifle Innovation
anandvy   1/15/2013 3:04:56 PM
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I'm hoping that this year we will see legislators implement more aggressive policies to tackle this problem.

@Nicole, this is great news. I really hope these agressive policies will reduce the role of the PAE's so that we can see lot more innovation and compeition. This will eventually benefit the consumers.

The Source
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Re: RE : How Patent Trolls Stifle Innovation
The Source   1/15/2013 8:45:52 AM
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anandvy

As a free market economy the US is dependent on innovation to keep the wheels of the free enterprise system turning.  PAEs really do hurt innovation and don't contribute anything to the marketplace. I'm hoping that this year we will see legislators implement more aggressive policies to tackle this problem.

Thanks for your comment.

Nicole

anandvy
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RE : How Patent Trolls Stifle Innovation
anandvy   1/14/2013 3:24:35 AM
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The latest figures on lawsuits filed by patent assertion entities (PAEs) reveal a frightening trend that suggests this activity will remain a threat to American high-tech innovation and competition in 2013.

@Nicole, thanks for the post. I totally agree with your opinion. I think there should be some balance between pretecting the IP and encouraging innovation. PAE's  not only stops innovation but also reduces compeititon.


Cryptoman
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A change is needed for sure
Cryptoman   1/10/2013 10:33:14 PM
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Protective aspect of a patent is ovious. However, there are companies who are in the business of patenting technology without any intention of doing anything useful with it and who simply sit and watch closely to make money off people who truly wish to make something useful with the same technology. This is a big problem from an innovation perspective as it discourages people from even trying and thinking. The trouble is most innovators start small with very limited cash by building a prototype. Such innovators don't have the big bucks to pay anything to the patent owners. İs it fair to discourage these valuable brains before they even start doing something useful? The patenting system should push the owners to actually use the patents they own within a certain time frame before such patents are opened to those who are able to prove they have the potential to put the protected concepts to practical use. That way a fair balanca may be reached.

_hm
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Re: Patents protection is must for innovation
_hm   1/9/2013 7:49:51 PM
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@therealGMan: Because it is the most proven system over time. It should not be disturbed with whims. It is akin to part of constitution.

therealGman
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Re: Patents protection is must for innovation
therealGman   1/8/2013 11:59:20 PM
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Is that becaause you believe that the current system can't be improved upon?  Or is it possibly because your are in a position to profit from the insanity it has become?  Just askin....

_hm
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Patents protection is must for innovation
_hm   1/7/2013 7:58:11 PM
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I believe patents and its protection in current form is essential part of economy. It should not be disturbed at all.

EBNBlogger
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Why this is possible?
EBNBlogger   1/7/2013 11:36:30 AM
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First of all, over the years, the function of the Patent Office has changed.

Why is it that the feds will protect copywright law, but not patent law?

They used to defend both, but, in time, the small guy gets left out in the cold.

One upon a time, in order to obtain a patent, the person applying for a patent had to produce a working model for the patent.

If these two items were reinstated, the patent trolls would dissapear overnight as they would not have the funds to produce real working systems from their vague patents.  Their lawsuits would also have to be reviewed by feds before it went to a trial.

We do not need a new patent system, just the original one that worked.

Barbara Jorgensen
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Trolls vs. heros
Barbara Jorgensen   1/7/2013 10:18:29 AM
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There was a time when PAEs were seen as championing the underdog. This goes back a ways, but the Lemelson Foundation was one such organization that found and help defend patents, but I think they have also been involved in activity for profit. The term used was "submarine" patents, which sounds a lot like trolling. Is there a difference?

FLYINGSCOT
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lawyers
FLYINGSCOT   1/6/2013 5:02:10 PM
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Are the "no win no fee" PAE layers any different from the ambulance chasing lawyers?  I oftentimes also wonder what value a patent portfolio has for a company, other than as a bargaining chip when horsetrading begins.

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