4 ms·
Wouldn't this create an adverse incentive (in insurance called a 'moral hazard') i.e. because you could access the most innovative and highest-value patented te
by logicallee 12y ago
Wouldn't this create an adverse incentive (in insurance called a 'moral hazard') i.e. because you could access the most innovative and highest-value patented technology for the insurance cost alone? (For example, ARM does not have its own foundries.)
i.e. you could simply build a startup around reading through patents for the most valuable ones, and then willfully infringing them. Whether it's some kind of breakthrough addition to a generator in a nuclear power plant, or a futuristic warp drive or what-have-you, or just ARM's technology, you could compete directly with the entity who developed the technology (or their licensees) without paying the high patent costs.
How would this be dealt with? How can RPX keep from startups based on theft?
Wouldn't this be like offering "copyright infringement insurance" - how would you keep people from using it while actually violating the most valuable copyrights?
http://en.wikipedia.org/wiki/Perverse_incentive http://en.wikipedia.org/wiki/Perverse_incentive
http://en.wikipedia.org/wiki/Moral_hazard http://en.wikipedia.org/wiki/Moral_hazard