Tuesday, April 21, 2009

Innovation can breathe again: Patent filings decline | The Open Road - CNET News

Innovation can breathe again: Patent filings decline | The Open Road - CNET News: "While the PatentlyO blog suggests this is a 'crisis,' I'm with TechDirt: the only crisis is that it has taken so long for patent filings to decline:
Considering the large number of bad patents that got through over the years, and the resulting flood of applications from others hoping to strike it rich by gaining monopolies on obvious ideas, it should be seen as a good thing that applications are finally dropping.
If anything, we should be wondering why they're not dropping more. Patents were supposed to be given out in the rarest of circumstances, when other incentives weren't enough. Somewhere along the way, those who controlled the patent system seemed to forget this and lose their way."

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