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 @ 8:05pm

    Re: Re: Re: Re: Re: Re-invention

    Yes, patent system sucks, is this what you want to hear, Mike ?

    Now, what other system can you propose to compensate somebody who is doing some fundamental money and/or time-consuming R&D, including drug companies spending billions on discovering new medicines and all the small guys tinkering with stuff in their basements ?

    I don't know of any other system in existence, do you ?

    aND, btw, you guys want to weaken the patents thinking it will make everubody happy - it won't.
    Weakening patent injunctions will only benefit multi-nationals
    , evrybody else will suffer.
    You should be advocating better patent quality = less patents, not weaker patents.
    Patent quality is the main issue nowadays.

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