Innovation Imperilled
Patent Trolls Account for Two-Thirds of All New Patent Lawsuits
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  • Andrew Allison

    Surely the purpose of patent protection is to permit the holder to commercialize the invention, not the patent. The owner who chooses not to commercialize the invention has the option of selling the patent, Simply put, no sale or the patent or its realization, no damages.

    • LarryD

      The purpose of the patent is to get the innovator to publish, rather than hold an innovation as a tradesecret. But everyone seems to have forgotten that.

      Last I heard, half the patents challanged lose and are rescinded. And conceptual patents are just rent-seeking without doing the work of actually developing an innovation.

      At this point, I’d be willing to just shut down the patent office entirely.

      • Andrew Allison

        Surely the purpose of publishing is to lay claim to the invention and thereby prevent anybody else from re-inventing or otherwise benefitting from, it for 17 years?

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