I hadn't considered that potential.
Part of the argument from the
pro-patent perspective is that patents are granted to stimulate the arts in
order to provide incentive for the inventor to invest in their invention in the
Yet you make a very valid point that the reality is likely
the inventor spends the time and money
investor comes along when the inventor is collapsing and purchases it at a
Everyone else is taking the risks and the predatory investor is coming
along when the risk-takers are up against the ropes and paying - quite likely -
pennies on the dollar.
Now there's a potential way to fix the patent
system. Have a requirement that:
If the original inventor wants to sell the
invention - the inventor must keep a detailed record of all the costs associated
with the invention. Anyone that wants to buy must pay at least that much for
If the original inventor can not find such a buyer, the
inventor must retain the patent or release it to the public domain.
transfer a patent otherwise automatically invalidates the patent - thereby
pushing the invention into the public domain.
That would make it illegal to
build a business on simply acquiring patents strictly for licensing
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