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[News] Patents => Worthless

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Could Patents and Greed Sink Silicon Valley?

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| Last Saturday night there was a star laced event which included all of the 
| big wigs of Silicon Valley. The guest speaker was a the former CEO of Intel, 
| Andrew Grove, who painted a picture that Silicon Valley could be heading the 
| way of Wall Street.   
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http://www.lockergnome.com/blade/2009/05/05/could-patents-and-greed-sink-silicon-valley/


Recent:

Time to rethink intellectual property laws?

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| Conversely, there is widespread anecdotal evidence that the act created a
| mind-set among many researchers that their knowledge represents a potential
| goldmine not to be shared with potential competitors (i.e. those working in
| other universities) - at least until it has been protected by a patent
| application.
|
| Similarly, the act has led to a flood of “upstream” patents on basic
| scientific knowledge, leading to what some commentators describe as a
| virtually impenetrable “patent thicket” blocking small-scale inventors from
| marketing their products. For example, restrictive software patents limit
| further development and commercialisation in the field of information
| technology.
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http://www.onlineopinion.com.au/view.asp?article=8543&page=1
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