SHIELD Act Targeting Patent Trolls Re-Introduced; It's A Step In The Right Direction, But Just A Small One
from the need-more dept
The patent system today is a massive economic sinkhole. It is not contributing to innovation. It is not encouraging innovation. It is actively hindering it. Yes, it is making some patent lawyers very, very wealthy, and they don't want that to stop. But it is doing nothing to help the broader economy. That we can't even seem to take a serious look at what the patent system is doing to the innovation economy is really unfortunate.