Thursday, October 31, 2013

Broken Patent System

The government provides patent protection in order to prevent stealing ideas and also protect small companies from large corporations. Currently, patents seem to do more harm than good within the market, specifically the technology market. Anyone can get a patent on an idea they have for a new technology. In order to protect the rights of the patent owner, the owner can sue other companies for making money off of that technology. Patent trolls are people who own many patents and sue other companies while having no desire to actually create the technology. These patent trolls prevent innovation by making money off of a flaw in the patent system. The trolls steal money from hard working citizens who had an idea, worked hard for that idea, and became successful. The patent troll doesn’t need to show any proof that they have been creating the same technology. They only present their patent in court. In order to receive a patent, there should be a plan on how the technology will be created and have proof of an actual attempt to build that technology.

1 comment:

  1. Yeah, patents for just thinking of something are dumb. I'm pretty sure SF authors thought of a ton of stuff we use now, but we aren't paying them royalties. Yet, they were successful in their own way. So there is really no excuse for people who don't create anything to get credit. They have to do something with their ideas.

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