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> instead of investing in small inventors, they'd just freeze them out until they lose their rights (or use that threat as leverage to buy the patents for less
by cecilpl2 5y ago
> instead of investing in small inventors, they'd just freeze them out until they lose their rights (or use that threat as leverage to buy the patents for less than they're worth).
I'm trying to understand your point but it seems like you are saying that all people with sufficient capital would band together to prevent small inventors from getting funding for years?
- tablespoon 5y ago> I'm trying to understand your point but it seems like you are saying that all people with sufficient capital would band together to prevent small inventors from getting funding for years? Legal rights are often the only protections the little guy has. Take them away, and the big guys are better able to take advantage. The people with sufficient capital don't need to band together in a conspiracy, they just need to understand their advantage, and act accordingly. And I don't know where you're getting "for years" from. If a small inventor/"[un]productive company" can hold a patent "for years," you're basically describing the current patent system, and the ancestor comment becomes a meaningless suggestion. If the ancestor comment isn't a meaningless suggestion, someone "with sufficient capital" should be able to sue an inventor's patent into nonexistence for being held by an "[un]productive company," which would be strong leverage to demand a lower price. One of the biggest merits of the patent system is it gives independent small inventors a chance at seeing some success. A "reform" that undermines that is not a reform worth pursuing. Also a lot of "reforms" proposed by internet commenters aren't very thought through. Often they're just narrow things aimed to stop some specific thing that's in the front of their mind, with little consideration of collateral damage.