Time For CEOs To Realize How Screwed Up The Patent System Is

from the needs-to-be-fixed dept

We wrote about the book Innovation and Its Discontents : How Our Broken Patent System is Endangering Innovation and Progress, and What to Do About It earlier this year noting that it sounded quite good, as it not only showed what was wrong, but also suggested a solution. The book still isn’t out, but the New York Times has some more information about it, including a discussion on how the patent system got to be so bad, as well as what the book’s authors think it will take to change. They say that most companies don’t realize how much damage the patent system is doing, and that a very small group of lawyers in the D.C. patent bar have the incentive to keep the patent system screwed up. Thus, the only real change will come when CEOs of companies realize just how the patent system is harming their prospects by turning the whole process into an arms race rather than a system for encouraging innovation. Hopefully, this book will help get the point across.

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Time For CEOs To Realize How Screwed Up The Patent System Is”

Subscribe: RSS Leave a comment

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...