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 products and services as they learn new things in the marketplace, and at that time Inventhelp Caveman Commercials needs to continually be upgraded. The original patent filing becomes nothing more than an idea of what might be done. Almost like the original outline for business plan, when it is simply a gleam in an entrepreneur’s eye.
Further, it’s hard to say if patents even matter anymore, due to international corporate espionage, and the fact that some of our latest trading partners are constantly stealing our intellectual property, copying our personal tech devices, hijacking our famous brands, then selling these items worldwide. Large companies specifically in the technology field need to move so quickly, or they will get passed from the competition thus patents often usually are not really worth the paper these were written on, nor will the patent assist the company protect itself from their competitors. (read: Bloomberg Business Week issue March 16, 2012, cover story; “Hey, China! Stop Stealing Our Stuff,” for further insight).
Sure, the company can sue if somebody steals their idea, but once the lawsuit is over, that technology has been leapfrogged 3 or 4 times, so it’s not even relevant at that time. Patent law is interesting as it grants a temporary monopoly on that technology, and also this was done to make it worth the risk to purchase new inventions. However it appears it doesn’t really matter, which corporations who are bringing forth technologies must bring them forth so fast that the Product Licensing Inventhelp process has become burdensome, slow, and getting in the manner.
The companies don’t need a patent, what they need is running speed in the market, and that would provide more competition, and minimize prices for consumers and buyers of those technologies. That may boost the productivity of our own economy and stay akin to an adrenaline shot. It seems unfortunate that similarly our government tries to prevent monopolies, however with patent law it grants monopolies from the onset. It’s almost as if there exists a schizophrenic set of regulations and rules, and it is impeding business.
Worse, for that smalltime inventor, they don’t hold the wherewithal or even the money to defend their patents anyway. They might spend each of their money obtaining a patent to begin with, then again another company steals it, or someone from China just takes it, starts making these items, and all sorts of that money they spent on obtaining a patent, they may too have spent getting their product ready for market. The smalltime inventor with all 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 no chance. Thus they need to sell it, provide it with away, or already have it stolen.
In that case, we aren’t protecting the smalltime inventor, as well as the corporations don’t need our protection, nor do we need them busy fighting in the court, they need to spend those resources moving ahead to another generation of technologies. Whenever we got rid of the patent laws altogether, what might change? Well, you can say that everything would change, but that would iqpzlk prevent corporations and businesses, or entrepreneurs from taking risks in the industry provided that you can find buyers and sellers ready to participate in trade with their hard-earned dollars those technologies.
As this problem is so complicated, and clouded with lawyers, laws, politics, corporate interests, international challenges, and regulations it’s just transformed into a giant fiasco of biblical proportions, and I would submit to you we usually are not helping ourselves by continuing to legitimize this monster we’ve created. Either we must have a total overhaul of Inventhelp Number, or we need to ditch the whole thing, because it’s not stopping China from taking what they want anyway. May too have Americans copy Americans in that case. Indeed I am hoping you will please consider all this and think on.