Many individuals 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 taking into consideration the fast pace of technology? By the time someone gets a patent, they are probably well into production, and they are modifying their services and products as they learn new stuff in the industry, and at that time Patent An Idea needs to continually be upgraded. The original patent filing becomes nothing more than an idea of what might be done. Much like the original outline for strategic business plan, when it is nothing but a gleam in an entrepreneur’s eye.
Further, it’s difficult to say if patents even matter anymore, because of international corporate espionage, and the reality that some of our latest trading partners are constantly stealing our intellectual property, copying our personal tech devices, hijacking our brand names, and then selling these items around the globe. Large companies particularly in the technology field have to move so fast, or they will likely get passed from the competition thus patents often usually are not well worth the paper they were written on, nor will the patent assist the company protect itself from their competitors. (read: Bloomberg Business Week issue March 16, 2012, cover story; “Hey, China! Stop Stealing Our Stuff,” for additional insight).
Sure, the organization can sue if somebody steals their idea, but once the lawsuit is over, that technology has been leapfrogged three or four times, so it’s not relevant at that time. Patent law is interesting because it grants a temporary monopoly on that technology, and this was completed making it really worth the risk to buy new inventions. But now it seems like it doesn’t really matter, and these corporations who definitely are bringing forth technologies must bring them forth so quickly the How To Prototype An Invention process is becoming burdensome, slow, and also getting in the manner.
The businesses don’t need a patent, what they need is running speed in the market, and this would provide more competition, and minimize prices for consumers and buyers of these technologies. That may increase the productivity of our economy and stay akin to an adrenaline shot. It seems unfortunate that similarly our government attempts to prevent monopolies, however with patent law it grants monopolies from the onset. It’s almost as if we have a schizophrenic set of rules and regulations, in fact it is impeding business.
Worse, for the smalltime inventor, they don’t have the wherewithal or perhaps the money to defend their patents anyway. They might spend all their money acquiring a patent in the first place, then again another company steals it, or someone from China just takes it, starts making these things, and all sorts of that cash they used on obtaining a patent, they could also have spent getting their product ready for market. The smalltime inventor using the proper backers might be able to carry it to advertise, but that doesn’t negate the international competition, and it only means the smalltime inventor has no chance. Thus they have to sell it off, give it away, or have it stolen.
If so, we aren’t protecting the smalltime inventor, and the corporations don’t need our protection, nor can we need them busy fighting in the court, they should spend those resources moving ahead to another generation of technologies. If we completely got rid of the patent laws altogether, what would change? Well, you could say that everything would change, but that could iqpzlk prevent corporations and businesses, or entrepreneurs from taking risks in the industry provided that there are buyers and sellers prepared to take part in trade with their 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 converted into a huge fiasco of biblical proportions, and I would submit to you that people are not helping ourselves by continuing to legitimize this monster we’ve created. Either we need an entire overhaul of How To Get An Idea Patented, or we have to ditch the whole thing, because it’s not stopping China from taking what they desire anyway. May too have Americans copy Americans if so. Indeed I really hope you are going to please consider this and think on.