Many individuals 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 considering the fast pace of technology? By the time someone gets a patent, they are probably well into production, and they are modifying their products and services as they learn something totally new in the market, and when this occurs Inventhelp Caveman has 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 plan, when it is simply a gleam in an entrepreneur’s eye.
Further, it’s difficult 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 famous brands, and after that selling the products all over the world. Large companies especially in the technology field need to move so fast, or they will get passed through the competition thus patents often are not really worth the paper these people were written on, nor will the patent help the company protect itself from their competitors. (read: Bloomberg Business Week issue March 16, 2012, cover story; “Hey, China! Stop Stealing Our Stuff,” for additional insight).
Sure, the organization can sue if a person steals their idea, but when the lawsuit is finished, that technology has been leapfrogged 3 or 4 times, so it’s not even relevant at that point. Patent law is interesting since it grants a temporary monopoly on that technology, which was done making it worth the risk to invest in new inventions. However right now it appears it doesn’t really matter, which corporations who definitely are bringing forth technologies must bring them forth so quick the Inventhelp Ideas process is becoming burdensome, slow, and getting in how.
The companies don’t need a patent, what they desire is running speed in the marketplace, and that would provide more competition, and reduce prices for consumers and buyers of those technologies. That could boost the productivity of our economy and stay akin to an adrenaline shot. It seems like unfortunate that on one hand our government attempts to prevent monopolies, however with patent law it grants monopolies from your onset. It’s almost as if we have a schizophrenic list of regulations, and it is impeding business.
Worse, for that smalltime inventor, they don’t hold the wherewithal or perhaps the money to protect their patents anyway. They may spend all of their money acquiring a patent to start with, however another company steals it, or someone from China just takes it, starts making this stuff, and all that cash they spent on getting a patent, they could 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 market, but that doesn’t negate the international competition, and it also only means the smalltime inventor has no chance. Thus they have to sell it, provide 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 court, they should spend those resources moving ahead to another generation of technologies. If we got rid of the patent laws altogether, what would change? Well, you can claim that everything would change, but that would iqpzlk prevent corporations and businesses, or entrepreneurs from taking risks in the market as long as you can find sellers and buyers willing to partake in trade with their hard-earned dollars those technologies.
As this problem is so complicated, and clouded with lawyers, laws, politics, corporate interests, international challenges, and regulations it’s just converted into a huge fiasco of biblical proportions, and I would submit for you that people are not helping ourselves by continuing to legitimize this monster we’ve created. Either we require a complete overhaul of Invent Help Inventor, or we need to ditch everything, because it’s not stopping China from taking what they desire anyway. May as well have Americans copy Americans if so. Indeed I am hoping you are going to please consider this and think on.