De-escalating the Android Patent War
In 2011, a consortium formed from Microsoft, Apple, Sony, BlackBerry, and others spent $4.5 billion acquiring Nortel's patent portfolio, which contained a great deal of ammunition that could be used against Android. That threat has now been reduced. Today, 4,000 of the patents were purchased by a corporation called RPX, which has licensing agreements from Google, Cisco, and dozens more companies.
[RPX is] a company that collects a bunch of patents with the goal of using those patents for member companies for defensive purposes. Even though RPX has generally been "good," the business model basically lives because of patent trolling. Its very existence is because of all the patent trolling and abuse out there. In this case, though, it's making sure that basically anyone can license these patents under FRAND (fair and reasonable, non-discriminatory) rates. The price being paid is approximately $900 million. While that article points out that this is considerably less than the $4.5 billion Microsoft and Apple paid originally, again, this is only 4,000 of the 6,000 patents, and you have to assume the 2,000 the other companies kept were the really valuable patents. In short, this is basically Google and Cisco (with some help from a few others) licensing these patents to stop the majority of the lawsuits -- while also making sure that others can pay in as well should they feel threatened. Of course, Microsoft, Apple and the others still have control over the really good patents they kept for themselves, rather than give to Rockstar. And the whole thing does nothing for innovation other than shift around some money.
Disclaimer: I am a patent holder
I entered the field back in the 1970's and guess what? Patents were already there !
While it is true that patent trolling were not considered to be trendy back then, but the existence of patents in itself had already stiffen innovation somewhat
While we geeks and nerds kept on trying out new ideas, the institutions (universities and research labs) we worked for were sweating bricks and had to check with their attorneys to make sure that we were doing did not trespass on somebody else' patents
The idea of patents were good, when it was invented, however, that idea does not suit the present days environment anymore. Due to the abuse and trolling, patents have become a big hindrance to the society to move forward
Muchas Gracias, Señor Edward Snowden !
Patents should be granted to an individual or their assigned company - and then NOT allowed to be transferred.
Nice try. So what justification are you giving for this? For example, if I made an invention that could greatly improve any smartphone, you are saying that it is essentially useless unless I start building smartphones and compete with Google and Apple? I'm not allowed to sell this invention to either of them? Please explain why that would be good.
You are basically making sure that only big companies will ever be able to get patents and make use of them.