At times, intellectual property can almost seem like science fiction. Yet there is nothing fictional about buying, selling, and trading ideas with no physical product whatsoever to substantiate them. Crazier still, the ones who own these ideas—but don’t act on them—are still able to sue those who actually do turn their ideas into marketable goods.
Welcome to the bizarre world of patents.
In recent decades, the historically defensive nature of these documents has unfortunately taken an aggressive, anti-competitive turn. Worse yet, a lack of serious attention to patent policy has only contributed their increasingly problematic use.
To read the full, original article click on this link: Owning Your Mind: Intellectual Property’s Fatal Flaws | EE Tech News - competition, intellectual property, patent arms race, patents, reform, technology
