The Motley Fool Discussion Boards

Previous Page

Investment Analysis Clubs / Macro Economic Trends and Risks


Subject:  Re: Patent lawsuits now dominated by "troll Date:  12/11/2012  12:06 PM
Author:  steve203 Number:  411038 of 545780

"Studies" like this always make the BS 'o meter peg. Just like the tort reform advocates that whine about "junk lawsuits" and the pols that complain that "47 percent are takers".

So what would patent "reform" look like to "solve this problem"? Probably something like "only entities whose primary business is related to the patent can enforce the patent"

With a law like that, people like Bob Kearns, who was a teacher, would be unable to enforce their patents.

If the law said "patents are unsaleable", then people who lack the determination that Kearns had would be unable to assign their patent to a party that had the resources to defend it.

Bottom line, patents would be reserved for the power that be, while it's open season on anyone else's invention.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us