Time For CEOs To Realize How Screwed Up The Patent System Is

from the needs-to-be-fixed dept

We wrote about the book Innovation and Its Discontents : How Our Broken Patent System is Endangering Innovation and Progress, and What to Do About It earlier this year noting that it sounded quite good, as it not only showed what was wrong, but also suggested a solution. The book still isn't out, but the New York Times has some more information about it, including a discussion on how the patent system got to be so bad, as well as what the book's authors think it will take to change. They say that most companies don't realize how much damage the patent system is doing, and that a very small group of lawyers in the D.C. patent bar have the incentive to keep the patent system screwed up. Thus, the only real change will come when CEOs of companies realize just how the patent system is harming their prospects by turning the whole process into an arms race rather than a system for encouraging innovation. Hopefully, this book will help get the point across.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Reader Comments

Subscribe: RSS

View by: Time | Thread


  1. identicon
    clouser, 27 Sep 2004 @ 11:53am

    patent law

    Looking forward to reading the book and thanks for the suggestion. Here in the UK, the IP stuff is goofy as well.

    link to this | view in thread ]

  2. identicon
    Anonymous Coward, 27 Sep 2004 @ 12:02pm

    Bringing about change

    Thus, the only real change will come when CEOs of companies realize just how the patent system is harming their...

    Should I be concerned when this is the only way to get reform around here?

    -cmh

    link to this | view in thread ]


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.