The Old Technology Companies(Oldies)can't innovate within their companies because it costs them too much. So, the Oldies want others to innovate and then they can steal the innovations. That is why the Oldies are sabotaging the Patent Laws. They want endless challenges to a patent so that they can bankrupt the Inventor and Small Innovative Companies (Newbies). They want publication of applications so that they can steal the inventions before they issue as patents. Then, they can steal the market and bankrupt the Newbies in Court. They want a first-to-file system because they have the money to file endless applications and the Newbies don't. If you like the status quo and to be told what you can do, you will get it if the Oldies get their paid politicians (Dems and Reps) to change the Patent Laws.
Strong patents help the small inventors since the big companies have the money to control the market without patents. Big companies can also attack patents with their money if the patents are weakened in any way. Strong patents also give VC money the courage to invest in the new tech.
Hello all, If the PTO does not start granting patents, the system will breakdown completely. Then, the big, well funded companies will be able to hold back innovation by their ability to snuff out competition.
Think Microsoft.
A 1,000 bad patents out of 100,000 granted patents is 99% correct. Better than most businesses.
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Innovator's Dilemna
The Old Technology Companies(Oldies)can't innovate within their companies because it costs them too much. So, the Oldies want others to innovate and then they can steal the innovations. That is why the Oldies are sabotaging the Patent Laws. They want endless challenges to a patent so that they can bankrupt the Inventor and Small Innovative Companies (Newbies). They want publication of applications so that they can steal the inventions before they issue as patents. Then, they can steal the market and bankrupt the Newbies in Court. They want a first-to-file system because they have the money to file endless applications and the Newbies don't. If you like the status quo and to be told what you can do, you will get it if the Oldies get their paid politicians (Dems and Reps) to change the Patent Laws.
Strong Patents
Strong patents help the small inventors since the big companies have the money to control the market without patents. Big companies can also attack patents with their money if the patents are weakened in any way. Strong patents also give VC money the courage to invest in the new tech.
Allowing Patents
Hello all, If the PTO does not start granting patents, the system will breakdown completely. Then, the big, well funded companies will be able to hold back innovation by their ability to snuff out competition.
Think Microsoft.
A 1,000 bad patents out of 100,000 granted patents is 99% correct. Better than most businesses.