The tech industry has reacted positively to Twitter’s innovative patent agreement, announced earlier this week.
The Innovator’s Patent Agreement, informally referred to as the IPA, is effectively a promise by the company to only use its patents defensively. It also promises that it will “not use the patents from employees’ inventions in offensive litigation without their permission”.
According to The Next Web, big VC companies including Union Square Ventures, Spark Capital and SV Angel have already signed up to the agreement. Startups Yammer and Multizone as well as incubator Tech Stars meanwhile have all publicly backed the project.
To read the full, original article click on this link: VCs, tech incubators get on board with Twitter’s patent agreement | memeburn