HBS Working Knowledge: The U.S. Patent Game: How to Change It
Dec 24, 2004, 11:30 (2 Talkback[s])
(Other stories by Ann Cullen)
[ Thanks to Paul
Eggert for this link. ]
"When lawyers fare better than inventors and entrepreneurs where
U.S. patents are concerned, you know injustice is being done. The
current system makes patents easier to acquire, sure, but renders
them less prestigious as well, and less likely to attract valuable
financing. In addition, older firms that are feeling threatened
have learned how to bully younger upstarts by wielding licenses and
patent law like a weapon. It certainly doesn't encourage the spirit
of innovation, does it?
"However, it isn't just the inventors and fledgling businesses
that suffer. The economy as a whole does too, in ways that are
often invisible..."
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