Lots of people complain about patent law, but have you ever asked yourself what would happen if patent laws did exist in our country? Do we still need patent laws thinking about the fast pace of technology? When someone gets a patent, they are probably well into production, and they are modifying their services and products as they learn new things in the industry, and at that time Inventor Information has to continually be upgraded. The original patent filing becomes nothing more than an idea of what might be done. Almost like the original outline for strategic business plan, when it is nothing more than a gleam in an entrepreneur’s eye.
Further, it’s tough to say if patents even matter anymore, as a result of international corporate espionage, and the reality that some of our latest trading partners are constantly stealing our intellectual property, copying our personal tech devices, hijacking our famous brands, and after that selling the products worldwide. Large companies particularly in the technology field need to move so quickly, or they will get passed by the competition thus patents often are not well worth the paper these people were written on, nor will the patent assist the company protect itself from their competitors. (read: Bloomberg Business Week issue March 16, 2012, cover story; “Hey, China! Stop Stealing Our Stuff,” for more insight).
Sure, the company can sue if somebody steals their idea, but by the time the lawsuit is finished, that technologies have been leapfrogged 3 or 4 times, so it’s not really relevant at that time. Patent law is interesting because it grants a short-term monopoly on that technology, and this was done making it worth the risk to purchase new inventions. But now it appears it doesn’t really matter, and those corporations who definitely are bringing forth technologies must bring them forth so quickly that the New Invention process is becoming burdensome, slow, and getting in the manner.
The businesses don’t need to have a patent, what they need is running speed in the industry, which would provide more competition, and lower prices for consumers and buyers of such technologies. Which could increase the productivity in our economy and become similar to an adrenaline shot. It appears unfortunate that similarly our government attempts to prevent monopolies, however with patent law it grants monopolies through the onset. It’s nearly as if there exists a schizophrenic set of regulations, and it is impeding business.
Worse, for that smalltime inventor, they don’t hold the wherewithal or even the money to guard their patents anyway. They may spend each of their money acquiring a patent to start with, however another company steals it, or someone from China just takes it, starts making this stuff, and all of those funds they invested in getting a patent, they could also have spent getting their product ready for market. The smalltime inventor with all the proper backers could possibly carry it to promote, but that doesn’t negate the international competition, and it only means the smalltime inventor has absolutely no way. Thus they must sell it off, provide it with away, or already have it stolen.
If so, we aren’t protecting the smalltime inventor, and the corporations don’t need our protection, nor do we need them busy fighting in the court, they need to spend those resources moving ahead to the next generation of technologies. When we completely got rid of the patent laws altogether, what might change? Well, one could state that everything would change, but that could iqpzlk prevent corporations and businesses, or entrepreneurs from taking risks in the marketplace as long as there are sellers and buyers ready to participate in trade with their hard-earned dollars those technologies.
As this concern is so complicated, and clouded with lawyers, laws, politics, corporate interests, international challenges, and regulations it’s just converted into a giant fiasco of biblical proportions, and that i would submit to you we usually are not helping ourselves by continuing to legitimize this monster we’ve created. Either we need an entire overhaul of Invent Help, or we must ditch the whole thing, because it’s not stopping China from taking what they want anyway. May as well have Americans copy Americans in that case. Indeed I am hoping you are going to please consider all of this and think on.