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[CNN Money]Patent Fix will create Job (Reform)

post #1 of 11
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But reform is necessary, proponents say, because of how technology has evolved over the past six decades. Patent applications are coming in faster and more furiously than the government could have imagined 60 years ago: The patent office examines roughly 500,000 applications every year.
That has led to a 700,000-patent backlog and a three-year waiting period for the average patent to receive approval. Each patent contains a potential new industry in waiting (think how many companies and jobs the Laser helped create). For an economy that desperately needs new jobs, that's a long time to wait.
The bills would help to alleviate much of the pressure on the USPTO by allowing the organization to set and keep its own fees. If reform passes, the patent office has suggested that it would raise fees for more complex patents and lower fees for simpler patents. Right now, Congress allocates the office's annual budget, and also determines what fees it can charge.

Quote:
Protecting independent inventors
Both bills would also help keep patent battles out of the courts.
The proposed patent reforms would give the USPTO the ability to quickly take a second look at patents that become commercially significant but which a third party believes have become invalid. That, in theory, would resolve many disputes without the need to flood the legal system with unnecessary litigation.
It would also help protect inventors from the hefty cost of defending their patents. The application, processing and legal fees average about $15,000 per patent, but the cost to defend those patents in court after they've been granted typically runs between $3 million to $6 million, according to Bijal Vakil, a partner in White & Case's intellectual property team in Palo Alto, Calif.




I hope this isn't a repost, if it a repost, remove please ^^;
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post #2 of 11
Quote:
faster and more furiously
I call copyright infringement.
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post #3 of 11
Quote:
Originally Posted by beers View Post
I call copyright infringement.
Oh you
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post #4 of 11
The patent system in the USA needs reform? No way! /beyondsarcasm
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post #5 of 11
From the source:
"Those in opposition to the bill claim that a first to file system would harm independent inventors. They say it would force inventors to race to the patent office to beat mega corporations -- with significantly more legal and R&D muscle -- to the punch. Currently, inventors are shielded by the first to invent rule, which lets them disclose their inventions to potential investors without the fear that one of them will spill the beans.

But an analysis by the USPTO concluded that of the last 3 million patent filings, only one was from an independent inventor who would have been harmed in that manner if a first to file rule were in place at the time.

By contrast, in that same batch of filings the office found 10 independent investors who filed first but were attacked afterward by large entities claiming to be the first to invent -- and all 10 of the big companies won.

Switching systems "will dramatically help the entire innovation community in the U.S., but particularly the small business community that is so important to job creation," Kappos said"

That scares me.
     
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post #6 of 11
Thread Starter 
Quote:
Originally Posted by Rookie1337 View Post
From the source:
"Those in opposition to the bill claim that a first to file system would harm independent inventors. They say it would force inventors to race to the patent office to beat mega corporations -- with significantly more legal and R&D muscle -- to the punch. Currently, inventors are shielded by the first to invent rule, which lets them disclose their inventions to potential investors without the fear that one of them will spill the beans.

But an analysis by the USPTO concluded that of the last 3 million patent filings, only one was from an independent inventor who would have been harmed in that manner if a first to file rule were in place at the time.

By contrast, in that same batch of filings the office found 10 independent investors who filed first but were attacked afterward by large entities claiming to be the first to invent -- and all 10 of the big companies won.

Switching systems "will dramatically help the entire innovation community in the U.S., but particularly the small business community that is so important to job creation," Kappos said"

That scares me.

Is all about money, and corruption
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post #7 of 11
You can do a patent yourself for much less than $15,000.I think we have about $1,200 in the first one.It was approved somewhere in between 6 and 9 months and that was at the beginning of last year.The revision is taking about the same and almost done.How they make their money is if you make a mistake they will fix it for you for about a $1,000 and it could be as little as a couple of words in sentence or two on the wording.Otherwise you have it sent back and have 90 days to make the correction and send it back in for approval which will set you back about the same amount of evaluation time.

If its an item like we have China will just copy it and not abide by the law anyway.Were getting ready to start on the international patent which China will also not pay any attention too.
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post #8 of 11
Patents are not the problem. People love to do big things and have huge projects because big things and huge projects are an organizing tool for servanthood. It gives people a chance to "compete" for positions within a huge project. We've done huge projects throughout all civilization. We used to build tombs for the pharoes and those people who were gods on earth.

Now we do more important things. Like have industrial revolutions so government can have tanks and machine guns to enforce power with. Then we have IT revolution so government can spy and manipulate thought and enforce expression of thought through connection and exclusion from the ideosphere the internet. Next is the green revolution. Which is entirely fake. It's simply a way to make government this huge oil guzzling power hungry machine that uses all the oil, electricity and natural resources. Make people these little pissant solar powered energy budget people who sit around and talk about their light power budget and tv watching budget and how they manage it all so they can use the dish washer. All while the government burns through 600 million megawatts spying on you when you finally can afford the electricity to use the computer to get on the internet. Guzzling 200 gallons an hour in their apache helicopters which can't even keep from running into the side of mountains and crashing using 400 dollar a gallon gasoline and kerosene imported to afghanistan by companies who's only source of income is chaging the goverment to fight the wars it tells the goverment to fight. While the government chops down entire forests and makes 2000 page budget proposals and law amendments and makes 1000 copies of them so congress can NOT READ them and just vote how their "whip" tells them to vote.

Jobs. Ya. I don't want a job. I don't want a "valuable" skill with a huge "wealth promise" 401k that crashes into NOTHINGNESS because people love to make promises they never intend or can keep just to "attract" you to give them your labor or intellectual resources. Instead of creating a "workers paradise" let's create a "person's paradise". Without jobs. The pharoe can build his own tomb and make his own battle ships.
I got a patent reform for ya. Steal everybodies intellectual property that you want to. Post it and teach it to anybody who wants to learn it. And let's not make that stupid freaking miracle drug that just killed 100,000 people because we had to pass it as "safe" or we would have lost 5,000 jobs.

The world doesn't need to create jobs. It needs to make it so you can own a home instead of having a system where only 65 percent of the people are capable of owning a home because the act of home ownership actually countefeits money and if you try to have more than 65 percent home ownership it completely breaks the freaking system. And let's not pay James Stewart millions of dollars to make It's a wonderful life which is a complete freaking lie. People's mortgages are not made whole during the transaction through other peoples deposits and savings. It's made whole through pure and simple "counterfeiting" at the time of purchase securitized with a promise to pay that can only occur for short terms anyway until all the counterfeiting catches up to the system and wrecks it.

It's not going to be a smooth transition from an empty undeliverable promise of eternal bliss for service to a empty undeliverable promise of stupid electronic gadgets and 401k's that promise travel and luxury that turn to frikkin dust and sick grope fests at the airport by psychotic people who masturbate to the scanner terminal.

Microsoft has patents for frikking geometry procedures developed by dead frikkin greek guys from 2500 years ago. The patent system is as corrupt and useless as every industry we've created. People claim huge creativity and even infinite creativity in the world. All we create are
McDonalds, Burger King, Wendy's.
General Motors, Ford, Chrysler.
Honda, Toyota, Nissan.
Intel, AMD, Via.
Wal Mart, Wal Greens, Safeway.

We keep producing one monopoly, one serious contendor and one 3rd leg who gets no market share in EVERYTHING. It's a repeating pattern of monopolization.
Edited by Hephasteus - 4/2/11 at 8:04pm
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post #9 of 11
I'm all for anything that'll get the patent system working like it's supposed to. Good read.

Quote:
Originally Posted by Hephasteus View Post
...
You mad bro?
    
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post #10 of 11
Quote:
Originally Posted by Hephasteus View Post
.....
a-men to that, get this guy a megaphone
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