Monday, October 8, 2012

The Patent, Used as a Sword

http://www.nytimes.com/2012/10/08/technology/patent-wars-among-tech-giants-can-stifle-competition.html?ref=todayspaper

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When professor Kesan argues that the current patent system works, one must note that he makes his living inside that patent law system. Every megabuck court case is billable hours for him and for the lawyers he trains. But it is a system fundamentally skewed to the powerful, who can afford years and lawyers for these battles. OK for a drug company or a cellphone manufacturer with billions in annual revenues, but wholly prohibitive to a lone innovator who may have the invention that will make life on earth better in the new century.

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