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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."

1 of 183 comments (clear)

  1. Let's see.... by StressGuy · · Score: 0, Troll

    story posted at 12:13, this reply posted at 12:16.....about three minute hang time

    yea, that sounds about right for Slashdot.

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    A goal is a dream with a deadline