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
    MyselfAnInventor, 22 Mar 2006 @ 6:26am

    I am going to release these....

    I am going to release these once i get the "Legal" bugs worked out of my own license system and try to get it implemented. Although Financially, to you, this may appear a downside, what if somebody on getting my chain sharpener can make it so that way you have a 200% increase in chain life time instead of only 40%?

    Under the current patent system he would be un-able to patent said improvement if he fails to prove that there is a substantial difference from mine.

    Under the mode I want, he would be able to, without fear of legal recourse, build his sharpener off of mine and release it thus improving society.

    The biggest problem I have with the world today is it's obsession with money, and people (corporations included) using the intellectual property laws to make money in perverse ways. This is why I want my own licensing scheme rather than the Patent.

    Think about it this way.

    Power Companies stop charging for electricity -> Base level Mfgrs have reduced overhead, stop charging for plastics, metal etc etc -> Product manufacturers no longer pay overhead on base materials, stop charging for everything else -> Consumer recieves all goods at no cost. Money is no longer an issue.

    Money has no more value to it than does a rock on the ground it's all percieved.

    But that is just my humble opinion

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