Comments on: Prosecute the patent trolls! A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: angrydude Wed, 24 Jul 2013 13:52:18 +0000 This is surreal – an open season on american inventors, almost like Ayn Rand novel

Large multinational corps pay huge $$$ to crooked DC politicians to kill invention in this country once and for all

Obama reading from the script written in Silicon Valley’s boardrooms… Nothing can be more disgusting

Well, OK guys, enough is enough

As a holder of one valid tecnnical patent I am going on strike – no more public patent disclosures of new tech from me

Who is Johnn Galt ?

This country is quickly winding down

The Founding Fathers are rolling over in their graves


By: HiOnow Wed, 05 Jun 2013 18:48:40 +0000 This is not serious journalism, but a call to mob justice for the monopolists like self-appointed czar Bloomberg. Power to Keep the Money eliminates the cure of reflection on human kind.

By: gonzaloalberto Wed, 05 Jun 2013 14:42:46 +0000 As you point out, albeit shortly, it is easy to get a patent for tiny improvements. Well, it is the case that the patent office has a hard time when recruiting new talents, because the people with the knowledge required to assess whether an improvement is patent-worthy or not earn a lot more working in the private sector. And if they start working for the patent office, they get new attractive offers very quickly, because of their of regulations. It is kind of the same case as in the financial sector, where people working in the investment banks earn a lot better than people working for the SEC, therefore attracting the most talented people to the private sector. In the courts, patent trolls aren’t that successful, but they can inflict a lot of pain because of deficient regulation. There is also a difficulty with identifying which company is a patent troll and which one is a technology company who has a large patent portfolio. For example, when Apple sues Samsung (or the other way around), aren’t they behaving like a patent troll, using its patent portfolio to block its competitors? Or it is a fair use of patents? Once again, in order to get an answer to this question, normally you have to pay a lot to your lawyers.

By: FifthDecade Wed, 05 Jun 2013 11:31:52 +0000 Great post Felix.

Patent Trolls are like the criminal gangs that used to gain from running protection rackets – each skims off the top of other peoples’ hard work and enterprise.

It’s clear that if Big Business continues to ‘own’ congress and some policies of the GOP are so heavily influenced by the rich lobbyists then the interests of small businesses and starting out entrepreneurs will be compromised because political will will move more and more away from the little guy’s interests. And the little guy’s interests are clearly served by the removal of trolls; big business just deals with them from their huge resources – and in some ways becomes like them by taking out speculative patents as a form of anti-patent troll protection. Nobody cares about the little guy any more.

By: y2kurtus Wed, 05 Jun 2013 01:32:23 +0000 Great topic Felix. I think as bad as patent lawsuits are, I would bet that shareholder lawsuits are even worse as measured by total cost to society. 95% of all merger deals are challenged. Any time a stock drops by more than 10% the robo-lawyers descend like locusts. The only winners are the bloodsucking lawyers and professional plaints.

By: crocodilechuck Wed, 05 Jun 2013 00:50:01 +0000 +1 KenG.

By: WolfmanJack Tue, 04 Jun 2013 22:59:56 +0000 I propose that a patent expire after a short time, unless (1) the patent owner is the actual creator of the invention or (2) the assignee is actively developing and commercializing the invention.

Inventor-owned OR active use == long patent

Short patent.


By: briankae Tue, 04 Jun 2013 19:30:03 +0000 The chart you posted is from RPX, which is essentially a protection racket.

By: KenG_CA Tue, 04 Jun 2013 19:11:27 +0000 Let’s save that money and eliminate all software patents. Software patents don’t protect innovation, they are an economic weapon that prevents innovation. Not only would we save on prosecution, but also the court system would get a lot less crowded.

Next up: patents on your genes. That’s right, some companies don’t believe you own the genetic design of your cells. They think because they have mapped out some genes, they own the rights to them. Hopefully that will be rejected by the Supreme Court soon.

The patent system was designed to reward investment in invention. It has been gamed to reward investment in legal assaults and tricks. It doesn’t require that anyone actually invent something, only that they think something will be invented, or worse, designed. A design is not necessarily an invention, but often an application or implementation. Not that the patent system or courts can tell the difference.

All technology gets obsoleted, and so do many government creations. The patent system has served its purpose and should be retired.

By: Harpstein1 Tue, 04 Jun 2013 18:57:28 +0000 This is a call for improving the patent system, as much as it is a call for prosecuting companies that choose to make the most of the system.

I haven’t watched the show mentioned, but it seems the guy’s complaint is with the patent office not patent trolls. If I come up with a great idea and patent it, why shouldn’t I be allowed to sell that patent to some other company? They pay me now and in return collect royalties over time from anyone that wants to use that patented technology. The problem is that patent office has given out a lot of “not good” patents.

There are lots of patents that are clearly bogus, but someone has to pay to invalidate them. And we’re not yet at a point where the law has caught up with the technology, a lot of smart people just don’t understand how ridiculous a lot of these patents are because they don’t understand the technology space.