Many people complain about patent law, but have you ever asked yourself what would happen if patent laws did exist in our country? Do we still need patent laws thinking about the fast pace of technology? When someone gets a patent, they are probably well into production, and they are modifying their goods and services as they learn new stuff in the market, and at that point Invention Help Companies has to continually be upgraded. The original patent filing becomes nothing more than a concept of what might be done. Almost like the original outline for business strategy, when it is nothing more than a gleam in an entrepreneur’s eye.
Further, it’s hard to say if patents even matter anymore, as a result of international corporate espionage, and the reality that a lot of our latest trading partners are constantly stealing our intellectual property, copying our personal tech devices, hijacking our brand names, and after that selling the products around the globe. Large companies specifically in the technology field need to move so quickly, or they are going to get passed by the competition thus patents often are not worth the paper they were written on, nor will the patent help the company protect itself off their competitors. (read: Bloomberg Business Week issue March 16, 2012, cover story; “Hey, China! Stop Stealing Our Stuff,” for more insight).
Sure, the business can sue if somebody steals their idea, but once the lawsuit is over, that technology has been leapfrogged 3 or 4 times, so it’s not even relevant when this occurs. Patent law is interesting as it grants a short-term monopoly on that technology, and this was completed making it worth the risk to purchase new inventions. However it appears it doesn’t really matter, and those corporations that are bringing forth technologies must bring them forth so quick that this Can You Patent An Idea process is starting to become burdensome, slow, and actually getting in the manner.
The companies don’t need a patent, what they desire is running speed in the marketplace, which would provide more competition, and reduce prices for consumers and buyers of these technologies. Which could boost the productivity of our economy and stay akin to an adrenaline shot. It seems like unfortunate that on one hand our government attempts to prevent monopolies, however with patent law it grants monopolies from your onset. It’s nearly as if there exists a schizophrenic set of regulations and rules, in fact it is impeding business.
Worse, for that smalltime inventor, they don’t have the wherewithal or the money to guard their patents anyway. They may spend all their money acquiring a patent to begin with, but then another company steals it, or someone from China just takes it, starts making these things, and all of those funds they spent on obtaining a patent, they could also have spent getting their product ready for market. The smalltime inventor with all the proper backers could possibly take it to advertise, but that doesn’t negate the international competition, plus it only means the smalltime inventor has no chance. Thus they need to market it, provide away, or have it stolen.
In that case, we aren’t protecting the smalltime inventor, as well as the corporations don’t need our protection, nor can we need them busy fighting in the courtroom, they need to spend those resources moving ahead to the next generation of technologies. Whenever we completely got rid of the patent laws altogether, what would change? Well, one could claim that everything would change, but that would iqpzlk prevent corporations and businesses, or entrepreneurs from taking risks in the market provided that you will find buyers and sellers prepared to take part in trade of the hard-earned dollars those technologies.
Since this issue is so complicated, and clouded with lawyers, laws, politics, corporate interests, international challenges, and regulations it’s just turned into a giant fiasco of biblical proportions, and i also would submit to you personally we are certainly not helping ourselves by continuing to legitimize this monster we’ve created. Either we require a complete overhaul of Patenting An Idea, or we have to ditch everything, because it’s not stopping China from taking what they want anyway. May as well have Americans copy Americans if so. Indeed I am hoping you are going to please consider all this and think on.