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CSIRO Reinvests Patent Earnings

Posted by Soulskill on from the un-patent-troll dept.

ozmanjusri writes with an update to a story we discussed a few days ago about a $200 million patent victory by CSIRO, Australia's governmental science research body. The organization has now turned around and reinvested $150 million of the proceeds into the science and industry endowment fund, which has already established three grants: "$12 million for two wireless research projects and $7.5 million for up to 120 fellowships and scholarships." CSIRO boss Megan Clark said, "It's very important that when you have a success like this, you reinvest it back into the wellspring. It's really about supporting areas that might need a helping hand in some of the frontier areas and research that actually tackles the national challenges."

2 of 86 comments (clear)

  1. Re:Blacklist the CSIRO employees by donscarletti · · Score: 5, Informative

    CSIRO appearing on a resume should result in an automatic blacklisting from employment or consulting (it will with me). This is sociopathic theft.

    Wow, I've worked with some ex-CSIRO people. You're just screwing yourself there I'm afraid.

    --
    When Argumentum ad Hominem falls short, try Argumentum ad Matrem
  2. Re:too bad the proceeds came from stifling progres by Anonymous Coward · · Score: 5, Informative

    This is completely misleading.

    The Rault paper was published in 1989, not in the 60's. Less than 4 years before the CSIRO patent was filed. Moreover Rault's techniques, while similar to those being developed at the SAME TIME at CSIRO, were not those that led on to wifi as we know it.

    Yes - multiple groups were working in the area at that time; but the CSIRO researchers got there first, built it, made it work, published it, patented it, and it is on THAT RESEARCH that wifi is based.

    The Rault paper was put forward as prior art, examined and rejected. I don't know how to put it more simply.