Quote:
Originally Posted by BWinmill
On the issue of patent reform, it is needed but it must be done carefully. A use it or lose it rule isn't as simple as it may sound and denying the right of patent holders to sell patents is also detrimental. As an example, what would you do if you were a startup that could not afford to bring a product to market. The inability to sell it to a larger firm means that your patent has no value.
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Never thought about licensing it? Gives you a lot more control over the rights than a flat- out sale.
IMO, just making patents to sell is kinda like starting a company whose only goal is to be bought out by a bigger company. Its like how toy companies trying to get bought out by Wal-Mart, or tech companies trying to get bought out by Google; the products they made were usually second- rate or non- existent, and they hadn't even tried licensing out what patents and copyrights they had.
Kinda degrades the entrepreneurial spirit, doesn't it? Believing that the best overall outcome is to be consumed by a growing megacorp?