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[News] US Patent Syetem Slammed in the Wall Street Journal

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Patent Gridlock Suppresses Innovation

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| Our patent system for most innovations has become patently absurd. It's 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.    
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http://online.wsj.com/article/SB121599469382949593.html?mod=googlenews_wsj

There are still some criminal-minded companies that seek to exploit this system
of absurdity.


Related:

Who is the world's biggest patent troll?

,----[ Quote ]
| In two consecutive days, The Wall Street Journal presented two different
| answers. The first is not surprising: Intellectual Ventures, the brainchild
| of ex-Microsoft executive Nathan Myhrvold. It's now out "to raise as much as
| $1 billion to help develop and patent inventions, many of them from
| universities in Asia."  
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http://blogs.cnet.com/8301-13505_1-9816163-16.html?part=rss&subj=news&tag=2547-1_3-0-20


Playing Microsoft Patent Poker

,----[ Quote ]
| This time though, while Ballmer slinks away to try to con … convince people
| that Microsoft Unified Communications somehow offers people more than what
| Cisco's VOIP (voice over IP) been offering customers for years, a patent
| attack finally launches at Linux. Specifically, IP Innovation, a subsidiary
| of Acacia Technologies Group, has filed a patent infringement claim against
| Linux distributors Novell and Red Hat.    
|
| So was it just timing, or was it something more? Let's take a look at the
| players.  
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http://www.eweek.com/article2/0,1759,2201579,00.asp?kc=EWRSS03129TX1K0000616
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