IEEE Proposes New Class of Patents
cheesedog writes "The IEEE Spectrum proposes a new type of patent that wouldn't require formal examination, would cost significantly less than traditional patents, would last only 4 years from date of first commercial product, and which wouldn't carry a presumption of validity. These 'limited patents' would be attractive to innovators in the fast-moving high-tech industry that can't wait 18-24 months for patent approval, and would help improve patent quality by populating the USPTO's prior-art database more efficiently. Additional commentary on this proposal is available."
I can just imagine what it will be like when a patent dispute happens. We already have enough BS patents out there clogging up the patent office that slow them down, how is this going to help any? I agree that patents need to be granted more quickly, but is giving out patents without formal examination really the answer?
First, while you are in patent pending, you are protected.
Second, Patents are not expensive, paten lawyers are. You can file a patent as an individual for a few hundred dollars.
Third, a patent is a way of saying you had it first, but there are other ways.
Forth, This would be even more abused then the current system
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