$214 million "Dog ate my homework" handout in new patent law
There are many things wrong with the concept of patents. This handout to a politically connected law firm further demonstrates the error of claiming ownership of an idea.
http://www.nytimes.com/2011/09/08/business/patent-bill-could-save-a-law-firm-millions.html
UserFriendly: US Court of Appeals Changes Meaning of Innovate
US Court of Appeals Changes Meaning of Innovate
innovate
a. noun
To begin or introduce (something new) for or as if for the first time
see monopolize
Details of Abundance Based Intellectual Property System
My article Abundance Based Intellectual Property System is being discussed at TechDirt. The fundamental point is that R&D is different from manufacturing and marketing. For a system to promote innovation it must reward those two different tasks separately. And the best system aligns all parties instead of pitting them against each other.
Unfortunately the fundamental point of my article was missed. Read more