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Cutting Through the Patent Thicket

xzvf writes wrote to mention a BusinessWeek article positing that the overgrowth of patents is harmful to innovation. From the article: "The first problem with patents is that the entire process takes too long: three years on average, often as long as five, and getting longer all the time. So when a venture capitalist invests in a company, its IP 'dowry' remains, at best, provisional. How much would you pay for a company when its assets are hidden from view?"

3 of 122 comments (clear)

  1. What's this "gaypass" shit? by Anonymous Coward · · Score: -1, Troll

    It's gay.

  2. Noam (R) Chomsky (R) by Anonymous Coward · · Score: -1, Troll

    Chomsky (R) to the public: "Intellectual property is evil! Corporations have no right to make money from the ideas they've spent millions to research!"

    Chomsky (R) to his accountant: "I know I'm worth about $2 Million dollars, but charge $0.79 to download a 60-second clip of me railing against the evils of IP from my website."