The Aftermath Of RIM-NTP: Other Patent Hoarders Emboldened

from the story?--we-need-a-story? dept

Now that the RIM-NTP case is over and the lawyers are counting the loot from a bunch of patents that are very likely to be rejected, it appears that (1) plenty of other patent hoarding firms can't wait to step into the limelight as the "next NTP" and (2) reporters who have been covering this case need to move onto some new patent hoarding company. Well, step right up Forgent, you're the next contestant on "Just How Screwed Up Is Our Patent System?!" The AP has an article all about Forgent's attempts to be the next patent hoarding company to get all the attention. There's absolutely nothing new in this story. We've covered Forgent extensively in the past. The company has done nothing to help innovation in the imaging space. They had some patents collecting dust that they retroactively decided could cover jpg compression technology, and went on a licensing kick, scoring millions of dollars. Of course, now, people are finally digging up some prior art -- but either way it highlights the problem of the patent system. This company did nothing to promote innovation. It did everything to hinder it. And the comments from the company about how this is "the American way" are ridiculous. Holding back others from innovating and improving the market is the American way? Unfortunately, this is the legacy of the RIM-NTP decision. More companies feel emboldened to not innovate, but simply patent and wait for others to innovate.

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  1. identicon
    angry dude, 18 Mar 2006 @ 5:41am

    Re: NTP and Forgent are produing anything useful!

    >Intellectual property law exist for the promotion of commerce

    Who told you this ? Or did you come to this conclusion by yourself ? The statement is 100 % incorrect.

    Patent law, in particular, exists with the ONLY purpose of encouraging open publication of new and useful inventions as opposed to keeping them secret.
    That's right, that is the only purpose of patent law: publish your discovery in exchange for a limited time monopoly.
    Despite a possible inconvinience in a short term, in a long temr the society gets the benefit of knowing and keeping all the technical know-how.
    You remove patents and we go back to Middle Ages with Trade Guilds keeping their manufacturing secrets forever etc.
    Nobody in his right mind would ever publish anything new and useful in a commercial sense. Certainly not me...
    Ask any real inventors out there if you don;t belive me.
    Do they do it for money of just for pure joy of inventing ?
    The answer will be the money. Just ask them...
    Everybody wants to be paid for his work, including inventors.
    Work of mind coming up with abstract concepts is just as hard, or in fact, much harder than the work of actually making some product.
    You people seem to not understand this. Amen, What can I do ?

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