EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

06.25.14

Financial Perspective of Patents Misses the Reality of Patent Monopolies

Posted in Patents at 10:44 am by Dr. Roy Schestowitz

Obsession with shares instead of sharing

Stocks

Summary: Deviation from the mentality which says ideas should be patented and ‘protected’ (meaning that others are prevented from using similar ideas) based on new examples from the media

THE world of MBAs is vastly different from that of engineers. When all that matters is oneself (financially), then the notion of sharing makes little sense, as long as one can exploit or hoard others’ work (the selfish approach). This is why, despite engineers’ spirit of sharing (wanting to show their achievements), many companies continue to embrace secrecy and isolation.

Bloomberg (Wall Street-friendly press) gives its press platform to a famous patent troll, Jay Walker. This grooming piece is highly disturbing as it helps the likes of Walker (patent trolls) and the USPTO make patents seem almost synonymous with innovation (classic lie). Monopoly and protectionism are being spun as a wonderful thing. That’s what corporate media likes to do. It’s repeated so often that many people actually believe it without questioning.

“Monopoly and protectionism are being spun as a wonderful thing.”We recently countered the marketing nonsense that associated/conflated de-weaponising patents with becoming “open source”. Tesla did not open up designs of cars and make them downloadable or anything, but the corporate press sure helps Tesla’s marketing by stating that “Tesla founder has given away patents on electric car technology” (not given away actually). This is shameless PR for reasons that we highlighted before. “Elon Musk took the decision to invest heavily in patent protection. Without patents, Tesla won’t have any control over the commercial opportunities of its inventions,” says this generally poor coverage from the financial press (equating patents with currency). A Red Hat site did yet another article about this, saying that “Elon Musk and crew at Tesla Motors made some big waves last week. In case you missed this recent news roundup, it was announced that Tesla is effectively relinquishing their patent portfolio—particularly around charging stations.”

Here is a VC (venture capitalist) who opposes software patents (Fred Wilson is one of several) weighing in again. To quote: “If you did a topic analysis on AVC over the past 10+ years that I’ve been blogging, I suspect patent reform would rate highly. I’ve been advocating for eliminating software patents and cutting back patent protection broadly as loudly and frequently as I can. I believe that sharing intellectual property will lead to way more innovation than hoarding and protecting it. I’ve seen a huge amount of pain and agony inflicted on innovative companies by trolls and “inventors” who never did anything other than write their ideas down on paper. Having ideas is not innovation. Making something new and different and putting it into the market is innovation.”

So basically, several VCs too want to see a society that shares ideas. Patents may not be needed at all. Even investors can reject them. Patents are a threat when counterparts and trolls use them. Here is a post titled “What If Drug Patents Were Written Like Software Patents?” To quote: “Not happening, that one, and it’s a good thing. But stuff nearly that vague and idiotic is all over the software patent landscape. Such patents list a superficially impressive amount of detail about how their “invention” is to be implemented, but all too often, that scheme turns out to mean something like “Someone uses a computer to contact a web server” or “Someone turns on their mobile phone”. It would be as if we in the drug industry could enable our compounds by citing a few synthetic organic chemistry textbooks – that’s how you make ‘em, right there!”

In general, much of the whole patent hype is inherently bad, as it encourages isolation. Tesla is at least realising this after it wasted a lot of money patenting a lot of stuff. For that Tesla deserves some credit. It acknowledges its wasteful mistakes now, grasping a culture of sharing instead. The lesson we should learn from Tesla is not patents giveaway; we should learn from Tesla’s error and avoid this error by never patenting stuff in the first place. Tesla merely gave back what it took away.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

What Else is New


  1. Leaked: Boards of Appeal Face 'Exile' or 'Extradition' in Haar After Standing up to Battistelli

    A look at some of the latest moves at the European Patent Office (EPO), following Battistelli's successful coup d’état which brought the EPO into a perpetual state of emergency that perpetuates Battistelli's totalitarian powers



  2. The US Government Accountability Office (GAO) Comes Across as Against Software Patents, Relates to the EPO as Well

    Some analysis of the input from the Government Accountability Office (GAO) with focus on the EPO and software patents



  3. In the US, Patent Trolls Engage in Patent Wars and Shakedowns, Whereas in China/Korea Large Android OEMs Sue One Another

    Highlighting some of the differences between the US patent system and other patent systems



  4. Links 24/7/2016: Elive 2.7.1 Beta, New Flatpaks and Snaps

    Links for the day



  5. Links 23/7/2016: Leo Laporte on GNU/Linux, Dolphin Emulator’s Vulkan Completion

    Links for the day



  6. Links 22/7/2016: Wine 1.9.15, KaOS 2016.07 ISO

    Links for the day



  7. Haar Mentioned as Likely Site of Appeal Boards as Their Eradication or Marginalisation Envisioned by UPC Proponent Benoît Battistelli

    Not only the Staff Union of the European Patent Office (SUEPO) is under severe attack and possibly in mortal danger; the increasingly understaffed Boards of Appeal too are coming under attack and may (according to rumours) be sent to Haar, a good distance away from Munich and the airport (half an hour drive), not to mention lack of facilities for visitors from overseas



  8. EPO Attaché Albert Keyack Viewed as Somewhat of a Mole, Reporting From the US Embassy in Brazil Until Shortly Before the Temer Coup

    Public responses to the role played by Albert Keyack on behalf of the United States inside the European [sic] Patent Office



  9. EPO Insiders Explain Why the EPO's Examination Quality Rapidly Declines and Will Get Even Worse Because of Willy Minnoye

    Public comments from anonymous insiders serve to highlight a growing crisis inside the European Patent Office (EPO), where experienced/senior examiners are walking away and leaving an irreplaceable bunch of seats (due to high experience demands)



  10. Patents Roundup: BlackBerry, Huawei, PTAB, GAO, Aggressive Universities With Patents, and Software Patents in Europe

    Various bits and pieces of news regarding patents and their fast-changing nature in the United States nowadays



  11. Glimpse at Patent Systems Across the World: Better Quality Control at the USPTO Post-America Invents Act (2011), Unlike the EPO Post-Battistelli (2010)

    While the EPO reportedly strives to eliminate pendency and appeal windows altogether (rubberstamping being optimal performance as per the yardstick du jour), the USPTO introduces changes that would strengthen the system and shield innovation, not protect the business model of serial litigants



  12. Blockstream Has No Patents, But Pledges Not to Sue Using Patents

    Blockstream says that it comes in peace when it comes to software patents, which triggers speculations about coming Blockchain patent wars



  13. Links 21/7/2016: Ubuntu 16.04.1 LTS, Linux Mint 18 “Sarah” Xfce Beta

    Links for the day



  14. Links 21/7/2016: An Honorary Degree for Alan Cox, Looks Back at DebConf16

    Links for the day



  15. EPO USA: Under Battistelli, the 'European' Patent Office Emulates All the Mistakes of the USPTO

    Conservative Benoît Battistelli is trying to impose on the European Patent Office various truly misguided policies and he viciously attacks anyone or anything that stands in his way, including his formal overseers



  16. Links 19/7/2016: ARM and Opera Buyout

    Links for the day



  17. Large Corporations' Software Patenting Pursuits Carry on in Spite of Patent Trolls That Threaten Small Companies the Most

    With unconvincing excuses such as OIN, large corporations including IBM continue to promote software patents in the United States, even when public officials and USPTO officials work towards ending those



  18. Battistelli Has Implemented De Facto EPO Coup to Remove Oversight, Give Himself Total Power, and Allegedly Give UPC Gifts (Loot) to French Officials

    Benoît Battistelli's agenda at the EPO is anything but beneficial to the EPO and suspicions that Battistelli's overall agenda is transitioning to the UPC to further his goals grow feet



  19. EPO Social [sic] Report is a Big Pile of Lies That Responsible Journalists Must Ignore

    A reminder of where the EPO stands on social issues and why the latest so-called 'social' report is nothing but paid-for propaganda for Battistelli's political ambitions



  20. Links 18/7/2016: Vista 10 a Failure, FreeType 2.7

    Links for the day



  21. Exploiting Perceived Emergencies/Disasters, Suspending the Rule of Law, and Suspending Judges: How Erdoğan is Like Battistelli, Except the Coup

    Pretexts for crackdown on law-abiding people or figureheads who are remote and independent the hallmark not only of Erdoğan but also the EPO's President, Benoit Battistelli



  22. The Impotence of Gene Quinn

    Attacking the enforcer of Alice v CLS because it's doing harm to his source of income, which makes him angry



  23. After the FTI Consulting-EPO Reputation Laundering Deal's Expansion in Germany Süddeutsche Zeitung 'Forgets' That the EPO Even Exists

    Relative apathy if not complete silence regarding the EPO at Süddeutsche Zeitung following reports of FTI Consulting's deal expansion (media positioning in Germany), with hundreds of thousands of Euros (EPO budget) thrown at the controversial task



  24. Benoît Battistelli and Persistratos

    Reminds you of someone?



  25. Whistleblower Protection Desperately Needed at the European Patent Office

    EPO scandals are not publicly accessible or known to many people and not many such scandals are known at all because people are afraid of Battistelli's Fabius Maximus strategies



  26. Microsoft and Its Patent Minions at Nokia Still Have Patent Stacking Ambitions Against Android/Linux OEMs

    Weaponisation of European companies for the sake of artificial elevation of prices (patent taxes) a growing issue for Free/Open Source software (FOSS) and those behind it are circulating money among themselves not for betterment of products but for the crippling of FOSS contenders



  27. [ES] ¿Que si la EPO Bajo Battistelli Se Arruina Sin Posibilidad de Reparación Como la UPC?

    La última evidencia alrededor del hundimiénto de la reputación de la Epo y su calidad de trabajo, así como la caída del sistema que Battistelli trata forzadamente de imponer (una carrera al fondo)



  28. [ES] La EPO de Battistelli, Quién Quiebra la Ley, Subvierte el Curso de la Justicia y Rechaza Obedecer las Ordenes de la Corte Dice lo Impensable en Medio de los Actos de Terror

    Los terribles ataques hace un dia en Francia están siéndo explotados por el caradura de Benoît Battistelli para comedia negra o un verdaderamente absurda afirmación en la sección de “noticias” de la EPO



  29. [ES] La EPO de Battistelli Continúa Cortejando a Officiales de Países Pequeños y su Propaganda de Beneficiar a las “PYMEs de Aquellos Países”

    El caradura de Benoît Battistelli prosigue desfilando en los países pequeños que tienen delegados al Consejo Administrativo (CA) y los explota para propaganda barata, no sólo para que lo apoyen en las reuniónes del CA



  30. Links 17/7/2016: Lithuanian Police Switches to GNU/Linux, Blockchain on LinuxONE

    Links for the day


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts