Are Software Patents the “Scaffolding of the Tech Industry”?

Timothy B. Lee has a great look at the ‘patent problem’: >The key question is whether patents have a net effect of encouraging innovation. And there’s no reason to believe this is the case. To start with, a big chunk of patent revenues simply flows to patent lawyers. See also his statement on failed companies:…

Timothy B. Lee has a great look at the ‘patent problem’:
>The key question is whether patents have a net effect of encouraging innovation. And there’s no reason to believe this is the case. To start with, a big chunk of patent revenues simply flows to patent lawyers.

See also his statement on failed companies:

>But the reason the auctioned patents are valuable is usually because the winning bidder will turn around and demand licensing fees from the failed company’s more-successful competitors, effectively punishing success.

Note: This site makes use of affiliate links where and when possible. These links may earn this site money when utilized. 

BECOME A MEMBER

Join Today, for Exclusive Access.


Posted

in

by