Lots of 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? By the time someone gets a patent, they are probably well into production, and they are modifying their services and products as they learn something totally new in the marketplace, and at that point Invent Help Inventor needs to continually be upgraded. The original patent filing becomes nothing more than a concept 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 hard to say if patents even matter anymore, because of international corporate espionage, and the truth that some of our latest trading partners are constantly stealing our intellectual property, copying our personal tech devices, hijacking our famous brands, and then selling the products worldwide. Large companies particularly in the technology field need to move so quick, or they will likely get passed by the competition thus patents often usually are not well worth the paper these people were written on, nor will the patent assist the company protect itself using their competitors. (read: Bloomberg Business Week issue March 16, 2012, cover story; “Hey, China! Stop Stealing Our Stuff,” for more insight).
Sure, the company can sue if someone steals their idea, but when the lawsuit is finished, that technology has been leapfrogged three or four times, so it’s not even relevant when this occurs. Patent law is interesting since it grants a short-term monopoly on that technology, and this was completed making it well worth the risk to buy new inventions. But now it seems it doesn’t really matter, and these corporations who are bringing forth technologies must bring them forth so quick the Inventhelp Patent Invention process has become burdensome, slow, and also getting in the manner.
The firms don’t need a patent, what they desire is running speed in the market, and this would provide more competition, and minimize prices for consumers and buyers of such technologies. Which could boost the productivity of our economy and become similar to an adrenaline shot. It seems like unfortunate that similarly our government tries to prevent monopolies, however with patent law it grants monopolies from your onset. It’s almost as if we have a schizophrenic list of rules and regulations, in fact it is impeding business.
Worse, for that smalltime inventor, they don’t possess the wherewithal or perhaps the money to defend their patents anyway. They may spend each of their money obtaining a patent in the first place, but then another company steals it, or someone from China just takes it, starts making these things, and all sorts of that money they invested in obtaining a patent, they could as well have spent getting their product ready for market. The smalltime inventor with the proper backers could possibly carry it to promote, but that doesn’t negate the international competition, plus it only means the smalltime inventor has absolutely no way. Thus they must sell it, provide away, or already 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 got rid of the patent laws altogether, what might change? Well, you can claim that everything would change, but that will iqpzlk prevent corporations and businesses, or entrepreneurs from taking risks in the marketplace as long as you will find sellers and buyers prepared to partake in trade of the hard-earned dollars those technologies.
Since this problem is so complicated, and clouded with lawyers, laws, politics, corporate interests, international challenges, and regulations it’s just converted into a giant fiasco of biblical proportions, and i also would submit to you that people are not helping ourselves by continuing to legitimize this monster we’ve created. Either we require a total overhaul of What To Do With An Invention Idea, or we need to ditch the whole thing, because it’s not stopping China from taking what they desire anyway. May as well have Americans copy Americans if so. Indeed I hope you are going to please consider all of this and think on.