A recent article attempted to describe the procedural war zone that the patent process has become:
The U.S. patent system has veered off course and is being abused, executives of three top technology companies said Wednesday.
The problems include damages that are too great, patents for insignificant innovations and poor quality patents that haven’t been researched enough, participants said in a panel discussion at the AlwaysOn Stanford Summit in Palo Alto, California.
“The patent system, right now, is tilting out of bounds,” said Chip Lutton, chief patent counsel at Apple Inc. He compared the situation to a bubble market, as companies buy up patents just to use them to get overinflated awards. Courts have failed to rein in these speculators, he said. – [Yahoo/PCWorld]
The patent process in the US has simply failed to keep up with the technology. More importantly, it has failed to properly address the specifics of what defines new technology, and what criteria needs to be met in order for a company to be able to patent these new technologies. As a result, the patent system has been the target of unbelievable levels of abuse.
As I pointed out in a recent post. There are some companies whose only purpose is to patent as many ideas as possible, wait for another company to invest the time, energy and funds to make the idea work, then make a healthy payday by filing patent infringement suits.
The entire patent system needs an overhaul. I believe there is a use and place for patents, but as it currently stands, the patent system no longer functions, and no longer protects the risk takers and true industry innovators. It has been turned into an easy way for those who can’t to make money of the backs of those who do.
I don’t think the phrase “tilting out of bounds” properly captures what is going on. I think the patent process is far beyond bounds. I think it as crossed over to the realm of lunacy, and been completely out of control and for at least a decade and half now…
U.S. Patent System ‘Tilting Out of Bounds’ – [Yahoo/PCWorld]