Quote:
Originally Posted by Kali Yuga
Actually, according to the report it's an average of $25 billion over a ten-year period. And it's not a "destruction of value," it's transfers from the manufacturer to the patent holder -- one corporation to another.
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From page 2: "
We find that NPE lawsuits are associated with half a trillion dollars of lost wealth to defendants from 1990 through 2010. During the last four years the lost wealth has averaged over $80 billion per year."
Quote:
Originally Posted by Kali Yuga
Yes, rather than reform the system, let's just throw the baby out with the bathwater.  |
Good job with the quote-mining, you're well-versed on the ways of the internet.
Quote:
Originally Posted by Giggleton
On the surface it does appear that patent trolls and copyright holders are different but I am still not quite sure. For instance, you say the patent troll prevents others from implementing an idea, wouldn't Stephen King's copyright holdings prevent someone from implementing an idea (copying King's work) that Stephen King had and filed at the copyright office years earlier?
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What is the positive value for society if I copy and sell Stephen King's
The Stand? I see a massive loss for Stephen King, and scattered profits for a bunch of copiers, but the net result is at best a zero-sum game (although most probably it's negative-sum). It's not like you can start with a work of fiction and then work upon it (as you can do with invention patents.