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 taking into consideration the fast pace of technology? When someone gets a patent, they are probably well into production, and they are modifying their goods and services as they learn new things in the industry, and at that point How Do I Patent An Idea 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 tough to say if patents even matter anymore, as a result of international corporate espionage, and the reality that a lot of our latest trading partners are constantly stealing our intellectual property, copying our personal tech devices, hijacking our famous brands, and after that selling these products around the globe. Large companies particularly in the technology field need to move so fast, or they are going to get passed from the competition thus patents often are not worth the paper these were written on, nor will the patent help the company protect itself off their competitors. (read: Bloomberg Business Week issue March 16, 2012, cover story; “Hey, China! Stop Stealing Our Stuff,” for more insight).
Sure, the business can sue if someone steals their idea, but once the lawsuit has ended, that technology has been leapfrogged 3 or 4 times, so it’s not relevant at that time. Patent law is interesting since it grants a temporary monopoly on that technology, and this was done to really make it worth the risk to invest in new inventions. However right now it appears it doesn’t really matter, which corporations who are bringing forth technologies must bring them forth so fast that the Inventhelp Ideas process is starting to become burdensome, slow, and actually getting in the manner.
The companies don’t need a patent, what they desire is running speed in the industry, which would provide more competition, and minimize prices for consumers and buyers of such technologies. Which could boost the productivity in our economy and become akin to an adrenaline shot. It appears unfortunate that on one hand our government tries to prevent monopolies, however with patent law it grants monopolies from the onset. It’s nearly as if we have a schizophrenic group of regulations, which is impeding business.
Worse, for your smalltime inventor, they don’t hold the wherewithal or perhaps the money to defend their patents anyway. They could spend all their money obtaining a patent to begin with, but then another company steals it, or someone from China just takes it, starts making these items, and all sorts of those funds they used on obtaining a patent, they could as well have spent getting their product ready for market. The smalltime inventor using the proper backers could possibly carry it to promote, but that doesn’t negate the international competition, and it only means the smalltime inventor has absolutely no way. Thus they have to market it, provide 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 need to spend those resources moving ahead to the next generation of technologies. When we completely got rid of the patent laws altogether, what would change? Well, you could claim that everything would change, but that could iqpzlk prevent corporations and businesses, or entrepreneurs from taking risks in the marketplace as long as you will find buyers and sellers prepared to partake 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 giant fiasco of biblical proportions, and that i would submit to you personally we are certainly not helping ourselves by continuing to legitimize this monster we’ve created. Either we must have a complete overhaul of Inventhelp Wiki, or we have to ditch everything, because it’s not stopping China from taking what they want anyway. May also have Americans copy Americans in that case. Indeed I am hoping you will please consider all of this and think on.