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This comment is both true and not. Absolutely right that you can’t count on a patent to magically protect you without litigating (or at least credibly threateni
by aranchelk 5y ago
This comment is both true and not. Absolutely right that you can’t count on a patent to magically protect you without litigating (or at least credibly threatening to).
It’s not true that you will always need to put up the money yourself. If the patent is sufficiently valuable you can enter into joint ventures, or contingency agreements to have someone else bankroll the fight.
Having a large company infringe on a patent also makes it a desirable purchase for any other company with a bone to pick with the infringer.
- _vvhw 5y agoAnd now everybody is distracted, when they could be innovating software. "It’s not true that you will always need to put up the money yourself." I don't believe this was my argument. I simply said "capital".
- aranchelk 5y agoBy “turtles all the way down” I understood you to be saying it’s an endless (or hopeless) process for a small inventor to make use of the patent system. I don’t believe this is accurate.