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I also think a shorter duration and/or a cap on total royalties would be useful. Like 10 years and 10x initial r&d investment, instead of "forever" and "infinit
by mateo1 4y ago
I also think a shorter duration and/or a cap on total royalties would be useful. Like 10 years and 10x initial r&d investment, instead of "forever" and "infinite".
- AussieWog93 4y ago> I also think a shorter duration and/or a cap on total royalties would be useful. Like 10 years and 10x initial r&d investment, instead of "forever" and "infinite". For what it's worth, patents are limited to a 20 year duration. This is (was) fine in some slower moving industries, but completely ridiculous for something like consumer electronics or software.