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 goods and services as they learn something totally new in the industry, and when this occurs Invention 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 business strategy, when it is nothing more than a gleam in an entrepreneur’s eye.
Further, it’s hard to say if patents even matter anymore, as a result of international corporate espionage, and the reality that some of our latest trading partners are constantly stealing our intellectual property, copying our personal tech devices, hijacking our brands, and after that selling these items all over the world. Large companies specifically in the technology field need to move so quickly, or they will get passed by the competition thus patents often are certainly not really worth the paper these people were written on, nor will the patent assist the company protect itself using their competitors. (read: Bloomberg Business Week issue March 16, 2012, cover story; “Hey, China! Stop Stealing Our Stuff,” for additional insight).
Sure, the company can sue if a person steals their idea, but once the lawsuit is finished, that technology has been leapfrogged three or four times, so it’s not really relevant at that time. Patent law is interesting as it grants a temporary monopoly on that technology, which was completed to make it well worth the risk to buy new inventions. However it seems it doesn’t really matter, and these corporations who definitely are bringing forth technologies must bring them forth so quickly that this Inventhelp Invention News process is becoming burdensome, slow, and actually getting in the way.
The businesses don’t need to have a patent, what they need is running speed in the industry, which would provide more competition, and minimize prices for consumers and buyers of such technologies. Which could increase the productivity in our economy and become akin to an adrenaline shot. It seems unfortunate that on one hand our government tries to prevent monopolies, however with patent law it grants monopolies through the onset. It’s almost as if there exists a schizophrenic group of regulations and rules, which is impeding business.
Worse, for the smalltime inventor, they don’t hold the wherewithal or even the money to protect their patents anyway. They may spend all their money obtaining a patent to start with, but then another company steals it, or someone from China just takes it, starts making these items, and all of that money they invested in acquiring a patent, they might as well have spent getting their product ready for market. The smalltime inventor with all the proper backers might be able to bring it to advertise, but that doesn’t negate the international competition, and it also only means the smalltime inventor has absolutely no way. Thus they have to sell it, give it away, or get it stolen.
In that case, we aren’t protecting the smalltime inventor, and the corporations don’t need our protection, nor do we need them busy fighting in the courtroom, they need to spend those resources moving ahead to another generation of technologies. If we got rid of the patent laws altogether, what might change? Well, you can say that everything would change, but that will iqpzlk prevent corporations and businesses, or entrepreneurs from taking risks in the market as long as there are buyers and sellers willing to participate in trade of their hard-earned dollars those technologies.
As this issue 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 that i would submit for you that people usually are not helping ourselves by continuing to legitimize this monster we’ve created. Either we require a total overhaul of Inventhelp Intromark, or we must ditch the whole thing, because it’s not stopping China from taking what they want anyway. May also have Americans copy Americans in that case. Indeed I really hope you are going to please consider this and think on.