4 ms·
This is one of the reasons why I think patents are important, because it allows them to profit from their inventions, and for the inventions to be reused later
by empath-nirvana 2y ago
This is one of the reasons why I think patents are important, because it allows them to profit from their inventions, and for the inventions to be reused later by others, even if the product was "too soon". They invented innovative technology, tried to build a real product, they should be able to make some money from others picking up the baton -- and presumably they did, when they sold the company through the chain of acquisitions that ended up with them at TomTom and with TomTom in control of their patent portfolio.
- gizmo 2y agoI couldn't disagree more. If you try to build a commercial product and fail that doesn't entitle you to the profits made by others who made a successful product.
- flkiwi 2y agoIf the successful commercial product is based on the research of someone else, why does building a commercial product that succeeds entitle you to the innovations of others? I tend to favor liberalizing intellectual property, but your lens seems to suggest that value exists only in commercial success which ... is odd.
- jandrese 2y agoI think the problem comes when the correct solution is so obvious that it can be seen years in advance and it becomes a race to see who can patent the obvious solution first before the tech catches up and people start actually building it. This is why people were mad at the "email, but on a cell phone!" patents and all of the "doing thing companies were already doing, but with internet!" patents from entities that don't make a product so they don't have to deal with real world limitations. Once the actual manufacturers start working on the problem they discover all of the obvious solutions locked behind patent walls.
- gizmo 2y agoPatents also block people from coming up with the same design independently. In addition you've got patent trolls who will gladly shake you down but who have no desire to use their patents productively themselves. Patent law turns the simple mechanics of designing a good product into a mess that involves lawyers and other gatekeepers. This benefits incumbents and makes the market inaccessible for upstarts. I don't believe businesses deserve protection from competition. Not even when they've done meaningful original research. Society wins when people with the ability to bring a better product to market are legally allowed to do so.
- knodi123 2y agoI couldn't disagree with you more. Patents exist to reward research or invention that results in practicable ideas. Entrepreneurialism is not (and should not be) part of that.
- jpm_sd 2y agoIdeas are cheap. Execution is everything.
- MadnessASAP 2y agoIn theory a reasonably skilled individual should be able to recreate your invention from the patent. In reality patents rarely provide sufficient details to do so. The fix is to bring reality back in line with theory.
- knodi123 2y agoSo nobody should be an inventor unless they are employees of a corporation that can afford to commercialize everything they make? What does the patent even do- protect the rights of the most successful company? At what point does it get taken away from the company that couldn't make enough (what's the dollar threshold?) and to which company is it given (or do they all just use it at once, and then the most successful is awarded the patent, and the rest have to pay arbitrary licensing fees to the winner?)?
- recursive 2y agoI think this divide basically shows which part of making a product is harder? The R&D? Or the operational side of production and support?
- immibis 2y agoOnly if someone builds it within 5 years.