Posts Tagged: "Anti-patent Nonsense"

The Economist bites the hand that feeds it: patents

The majority shareholder of The Economist Group, the company responsible for publication of The Economist, owns patents. It seems very odd to us that most of the shareholder capital going into a publication that decries patents is coming from organizations who aggressively protect their own innovations through patents. This latest Economist episode has to raise an eyebrow, particularly as the U.S. Congress is soon set to return from the long August recess. Was this Economist article planted with the express purpose of breathing life into what is an increasingly lifeless push for additional patent reform?

Looking Down on the Patent System from the Ivory Tower

The patent system is not a tool for entrenched interests to stifle competition, as so many professors seem to believe. Patents allow independent inventors and small companies to compete against better funded rivals, who would otherwise simply take away their inventions. Sadly, many publications, including The Economist, base anti-patent articles on the ill-conceived notions of academics. Alas, perhaps one reason our nation is in such distress is that so many policies are based on recommendations from those without any practical experience.

Silicon Valley’s Anti-Patent Propaganda: Success at What Cost?

To a large extent Apple, Microsoft and many other Silicon Valley innovators went along with the anti-patent rhetoric perfected by the Google machine. The Silicon Valley elite who have been bemoaning the patent system and patent trolls succeeded beyond their wildest dreams, convincing everyone of problems that don’t exist. So successful has this misinformation campaign been that now patents owned by everyone in the high-tech sector are at least worth less, if not completely worthless. By taking a short-sighted view of the litigation problems they were facing they took direct aim on the patent system, their own patent portfolios and the essence of their competitive advantage. Institutional shareholders in any company that has lobbied for patent weakening policies and court rulings should be appalled and may well want to seek out attorneys specializing in shareholder lawsuits.

Patent Rights: A Spark or Hindrance for the Economy?

One just thinks of the fact that five years ago Blackberry was the industry standard, dominant forever, and now it is basically exposed to ridicule because virtually it’s dropped to third or fourth on the distribution list. You look at the rate of technological progress between then and now, it just doesn’t seem in any way, shape or form to have been slowed down so it seems to me that in face of rapid technological advance to say that the current system is a disaster is a mistake.

All In! Doubling Down on Erroneous Attacks on the Federal Circuit

In a recently published Forbes.com article titled”The Federal Circuit, Not the Supreme Court, Legalized Software Patents,” Lee doubled down with his absurd and provably incorrect assertions regarding the patentability of software patents. But he also more or less sheepishly admitted that his reading of the most relevant case is not one that is widely accepted as correct by anyone other than himself. He wrote: “To be clear, plenty of people disagree with me about how Diehr should be interpreted.” Thus, Lee admits that his primary assertion is one he created from whole cloth and contrary to the widely held views to the contrary. Of course, the fact that his radical views are in the minority was conveniently omitted from his ?Ars Technica? article. If Lee has any integrity he will issue a public apology to the Federal Circuit and issue a retraction. If Lee doesn’t come to his senses and do the right thing in the face of overwhelming evidence that he is wrong then Forbes.com and Ars Technica should step in and do what needs to be done.