Posted on Tuesday September 25, 2012
Following the article on “A Broken Patent System” and the vast amount of patent related lawsuits between big companies, one question that has been surfacing is ‘have patents lost their main purpose?’
Patent applications are being driven by the profits that can be made from infringement instead of the push for innovation and rights ownership as they were originally intended.
More and more large companies are expanding their patent portfolio by buying other patents, and suing patent companies that infringe on their rights, making it harder for small innovators and inventors to get a piece of the pie.
What is your opinion on the patent system? Do you think it is broken or do you think that it has simply evolved but is still serving its primary purpose?
