Will Bogus Patent Lawsuits Lead Entrepreneurs To Leave The US?

from the not-a-good-thing dept

At a time when we're supposed to be looking to entrepreneurs to bring us out of today's financial crisis, it's too bad to hear that our draconian intellectual property laws are driving people elsewhere. You may have noticed that the original file sharing success stories were in the US -- Napster, Grokster, Streamcast. But following the legal attacks, the more recent success stories have all been foreign: The Pirate Bay, Mininova, isoHunt. That's not a coincidence.

Will the same thing start happening due to over-aggressive patent litigation, as well? We recently covered how enforcement of some very basic patents against tons of small photo hosting sites was threatening to put a bunch of small businesses out of business. Joe Mullin has now revisited the subject and noted that at least one of those companies is considering relocating outside of the United States because of all of this. This is a guy who came from Russia, because the US represented opportunity and freedom from crazy Russian bureaucracy and monopolies. And, here he finds himself in a similar mess -- dealing with patent infringement lawsuits for things his company had on the market well before these patents were even filed. Yet, to defend against such an attack it so costly that it's easier to just leave the country. Driving entrepreneurs out of the country isn't exactly "promoting the progress" now, is it?

Filed Under: entrepreneurs, patents, us innovation