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Adjusting term limits on patents (downward) certainly makes sense in the tech industry, though 2 years feels short to me. It probably makes sense to look at ho
by kd5bjo 15y ago
Adjusting term limits on patents (downward) certainly makes sense in the tech industry, though 2 years feels short to me. It probably makes sense to look at how long it took various successful companies to get established, and set the time limit to that kind of time scale. That way, if I have an invention that I want to build a company around, I have a reasonable period of time to get it off of the ground before I have copycats on my back. Their ramp-up time will be much shorter, as I will have taught them how to make the thing that I've built my business on.