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MSM Noticing That Patent Gridlock Stunts Innovation

Posted by kdawson on from the we-could-have-told-you-and-did dept.

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."

9 of 233 comments (clear)

  1. THE JEWS DID IT by wlliyhill · · Score: -1, Troll

    Overwhelming the patent system with trash cause the whole system to fail. Thanks to the $$$ grubbing Jews who try to reap profit from Global Warming to Communism to Subprime Crisis to Terrorism worldwide.

    --
    [twitter: Erris Mactrope gnutoo inTheLoo willeyhill westbake Odder ibane deadzero freenix myCopyWrong] See my homepage
    1. Re:THE JEWS DID IT by Anonymous Coward · · Score: -1, Troll

      You twitter people are batfuck insane, executing a brilliant surrealist performance, or both.

      I love it.

  2. MOD PARENT UP by Anonymous Coward · · Score: -1, Troll

    Exterminate Jew Power in America!

  3. Re:There's a reason for the gridlock. by wlliyhill · · Score: -1, Troll

    That is why we cannot allow the Global Warming Fraud to continue. The Jews has controlled a lot of patent regarding to Hydrogen fuel cells, which is the direction the liberals are pushing.

    --
    [twitter: Erris Mactrope gnutoo inTheLoo willeyhill westbake Odder ibane deadzero freenix myCopyWrong] See my homepage
  4. Re:This fall vote B.O. by wlilyhill · · Score: -1, Troll

    He has been bought by AIPAC. Barack Hussein is now a zionist puppet.

  5. Re:Most traditional mainstream media? by Anonymous Coward · · Score: -1, Troll

    It will shortly be a thinly disguised rag pushing the radical agenda of the far right. Not that the zombies in suits will ever notice.

    Will anyone ever notice? Was the WSJ ever anything else?

  6. Please don't anybody mention SCO by VoyagerRadio · · Score: 1, Troll

    (See subject.)

    --
    Harold
  7. Any attempt to over turn this world draw fire. by Zombie+Ryushu · · Score: 0, Troll

    Attempting to fix this would draw legislative fire from congress. The Congress vermin get too many "campaign contributions" from these industry monopolies.

  8. white folks recognize that niggers stunt progress by Anonymous Coward · · Score: -1, Troll

    negros retard the human race.