Very true, Sue. My friend spent a fortune to pay patent attorneys to get his patents. Now, his patents and ideas are being shamelessly copied by a large firm that invited him for a potential M&A at one point. They figured out how small he was and did not go fwd on the M&A citing that his team was pretty small (2 people). Now, with this bill coming through, would he have any chance whatsoever of taking on these guys? Particularly, if he has to put a bond upfront? I really hope Fred Wilson thinks about that scenario too and advises the authors of the bill to leave clauses for genuine inventors. Last I heard, the foundations of our legal system are built on the notion that even if a guilty person goes free, an innocent person must never be punished. This Shield Act is not in tune with that ideology. They are just taking the small guy for granted .Truly & painfully – a shame!
]]>But, companies frequently license out technology that they are not using — which both makes that technology (legally and logistically) available to others who may make profitable use of it for society, and extracts the value of the invention for the inventor who has used skill/knowledge/time to make the invention. There is no requirement in the patent law (nor should there be) that you are not entitled to a patent, or that you should forfeit your patent, if you do not use it to make a product.BTW, patents are an economic concept more than a manufacturing concept. A patent gives you the “right to exclude” others from using the technology that is within the scope of your patent.
]]>Was not really my job, just a committee that met once a month to review our potential patent submissions. CTO, VP of Engineering, VP of Legal were also on committee. But yes, filing baloney patents simple to fill your defensive arsenal is not rewarding at all.
]]>That job sounds simply awful. I can’t imagine being able to sleep particularly well knowing that I’m going to work to try and patent depth-first search algorithms or some other nonsense.Dry heave.
]]>Parents were intended to protect inventors in the marketplace, not in the imagination.
]]>appreciate your perspective, but there are no patents on “ideas” – and there are few “software” patents in the true sense of that wordwhat people call “software” patents – particularly in this sphere – are actually patents covering machines (computers) configured to operate in a particular manner by code – so, in effect, they are programmed machinesbut to the outside world there is no perceptible or meaningful difference between a “computer” that is “pure” hardware and coded using hardware logic gates/or ROM, and a programmable machine that can be changed using “software” codethey are in effect just different machines, and you can get patents on those just as you can get patents on any other variation of a machine, or toolso the argument against software is rather weak -the argument against business methods is a bit more subtle, but, again, the patent act recognizes novel processes as worthy of protection – if one is performing a new process that is unlike and different enough from the prior art, it doesn’t matter that the process is used to operate a businessI usually hear this complaint from people who see another online business, want to copy it, and then are surprised when they get caught. The software business tho is rife with folks who are mostly used to taking what they want without accountability, so its no surprise that they protest when someone calls them to task
]]>Hit the nail on the head. Patent law in US was conceived when a patent was for a tangible and physical item. Patent law has been extended to intellectual property, software, and business methods, which does not make much sense.I used to be on an internal patent review team at a large public software company. 99.9% of the patents we filed were intuitively obvious things that any undergraduate CS major learned in school. Many of these patents were granted. I ran corp dev and was personally against doing this, but was overruled by the new VP of Legal and CEO. Both came from expensive hardware biz where suing their rivals was just part of doing biz. They were eventually fired as they did not get the SW biz.
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