Yes, option 2 is probably the ideal of how things should be. I know, unfortunately the ideal doesn't necessary corresponds to the real. In any case, I like to have my ideals present as a reminder of how things could work better. When we forget about the ideals the world starts to set for less and less.
I don't believe court decision is the perfect option. It is what we have and it is what we are used to. That's all. Also, it's always better to let others decide for what we are not able to do by ourselves. A court decision is an easy way out. These companies don't care about the money they will spend in lawyers, etc, in the following years. So no problem there. The case can sit for ages until it is almost forgotten.
I had to choose for one, but industry-wide arbitration could work, too. No one remembers what the case was about when the court finally decides for something after years and years. Patent cases need more immediate action.
Susan option 2 should have been the best. Case like industry disputes could emanate from various issues - patents, royalties , talents poaching and etc.
It is extremely difficult to resolve industry disputes 1-2-1 without law. I think, courts decision is the perfect.
Obviously Courts deciding is the ideal legal options available. But as it stands, the courts are at present overwhelmed and moreso, these cases tends to be long and protracted. I lean more towards Industry wide arbitration - provided is quicker, efficient and adequately managed.
"Let the courts decide" sounds like the most obvious option at first sight given the natural course of any law suit, the one we are used to.
In second thoughts, I was quickly looking at how things could be if the patents wars would be settled in a different way, a faster, more dynamic, according to the fast pace the electronics world live. Would it work better? Maybe.
Nemos, I said "Let the courts decide" also. Initially, I thought they should settle amongst themselves but Apple today sued Samsung in the US. That's not a sign the company wants to settle. The cases will drag on for years, there won't be any significant impacts on any particular company, Apple has the funds to withstand the beating and so does Samsung. . .
In the end, lawyers will gorge on the companies' funds, we'll scratch our heads at the madness and whatever point anyone wants to make will be moot by the time the cases are decided years from now.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
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