Next Tech Area To Be Hindered By Patents: Nanotech... And Much Of It Is Funded With Your Tax Dollars

from the step-on-up dept

As with any "hot" technology area, it doesn't take long for a massive, innovation hindering patent thicket to spring up. It effectively makes it impossible to bring anything to market unless you've got a huge patent portfolio yourself and deep pockets. Yet another example of patents harming the smaller players in the market. A new report is suggesting that the latest "hot" area to get patent crazy is nanotechnology.

However, the really worrying thing about the report is that it notes that the single largest "patent patron" in nanotechnology... is the federal government. Yes, the government is spending your tax dollars to have these new inventions locked up so you can't use them. We've discussed this before, and no one has yet been able to credibly explain why federally funded research should get a patent. Years back, it was determined that federal documents could not be covered by copyright for this reason, but why doesn't that extend to patents? It's especially disturbing because it's clear what's going to happen. Our tax dollars pay for the research, and then it's transferred over to a private company who uses the monopoly rights to keep it expensive and limit further innovation.

Filed Under: federal funding, nanotech, patents

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  1. identicon
    Anonymous Coward, 18 Feb 2011 @ 8:02am

    Re: Re:

    I guess citing where the law can be found so you can read it and form your own opinion is out of vogue.

    If you did read it you would quickly discover that "sitting on a subject invention" is a "no-no", the USG holds a license under any subject invention for which a private sector participant to a "funding agreement" elects domestic/ international rights, there is one circumstance under which the USG can contract for title to reside in it and not the private sector participant, and the USG reserves "march-in" rights.

    These terms are all defined in the cited statutes and regulations, and taking the time to actually read them and assimilate what they say would provide some modicum of education that would give readily demostrate why FUD is an accurate term used to describe much of what is said about inventions funded in whole or in part by the USG.

    Knowledge is power. Refusing to acquire knowledge is nothing more that a symptom of laziness.

    By your comment you appear to fall within the latter.

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