Link: The Idea Economy: Battle over right to sell knowledge - Technology - International Herald Tribune.
Interesting ideas about patents - says "Start-up companies use patents — often their only collateral — to lure investment from venture capitalists."
Patents take so long to get approved that we almost never run across a company that actually has patents. They all have filed for patents, and we almost always ignore them since it is hard to tell whether they will be granted.
I question the value of patents in our economy.
I would realy like to know how many patents litigations are won, settled, lost. Anyone know where that data can be found?
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