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Patent law needs complete overhaul. They restrict innovation, iteration and slow the pace of progress. Two things I'd implement if I were "king of the world" -
by wateralien 3y ago
Patent law needs complete overhaul. They restrict innovation, iteration and slow the pace of progress. Two things I'd implement if I were "king of the world"
- If you're not the entity which is using or can prove that have active plans to use the patent, you cannot sue anyone for using it.
- Patents last 15 or 20 years and cannot be extended, after that it's in the public domain.
- melevittfl 3y agoPatents are already limited to 15-20 years.
- wateralien 3y agoFair enough. Maybe that's not long short enough then for the current pace of change.
- orwin 3y agoNo, it's okay. I think Copyright should be aligned on patents, and 15 years seems good enough. What's needed is more case law, as it has happened with copyright.
- 010101010101 3y agoI feel like doing R&D to develop technology with the intent of licensing that technology rather than developing your own products is fine.
- alienicecream 3y agoThey also encourage innovation, iteration and speed up the pace of progress by providing an incentive.