The Patent, Used as a Sword (power, advance, software, technologic)
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Interesting article on why innovation has become a dying thing in America.......
Quote:
Mr. Phillips and Vlingo are among the thousands of executives and companies caught in a software patent system that federal judges, economists, policy makers and technology executives say is so flawed that it often stymies innovation.
Alongside the impressive technological advances of the last two decades, they argue, a pall has descended: the marketplace for new ideas has been corrupted by software patents used as destructive weapons.
I have created several things that might have been very useful but I have never had enough money to even consider the Patent process. The patent system is being used to stifle new inventions because they might threaten the existing economic powers that be.
This is a system that needs to be reformed. Aside from finding a way to get rid of "patent trolls", having a system whereby the loser in patent lawsuits pays the legal fees of the winner will prevent larger corporations from waging wars of attrition on small firms by launching multiple suits of questionable merit against them.
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