Slashdot Mirror
MSM Noticing That Patent Gridlock Stunts Innovation
trichard tips a column on the editorial page at that most traditional of mainstream media, the Wall Street Journal, arguing the point (obvious to this community for a decade) that the US patent system costs more than the value it delivers. The columnist is L. Gordon Crovitz and here is an excerpt: "New drugs require great specificity to earn a patent, whereas patents are often granted to broad, thus vague, innovations in software, communications, and other technologies. Ironically, the aggregate value of these technology patents is then wiped out through litigation costs. Our patent system [is] a disincentive at a time when we expect software and other technology companies to be the growth engine of the economy. Imagine how much more productive our information-driven economy would be if the patent system lived up to the intention of the Founders, by encouraging progress instead of suppressing it."
You mean you don't agree with everything Walt Mossberg has to say about technology? Particularly, his fanboy reports on Apple products?
Harold
More information about these troll accounts can be found here.
The twitter monologues. Click on my homepage and be amazed.
Not only is the U.S. legal system corrupt, but...
Here's a more general observation than the one in the story: "Imagine how much more productive our economy would be if the political system lived up to the intention of the Founders."