http://www.tangible-ip.com/2010/time-to-draw-a-line-under-trolls.htm
Yes, patents can be used defensively ... what you describe (shell of company containing IP) has some liquidation value, and in some cases still have the right to sue another company for patent infringement. <quote> we see a genuine lone inventor group which set out to solve a problem (merit 1) and could have been successful but for market-timing, then turning to the only thing left from a business venture, IP it filed and owned (merit 2). These people do deserve a system that rewards them. </quote> I call them BANSHEEs as with enough wailing and gnashing of teeth, the courts can award some legitimate damages (as compared with non- performing entities aka TROLLS). Lawrence http://nz.linkedin.com/in/drllau On Oct 13, 9:15 am, Ben Sand <[email protected]> wrote: > That said, a friend of mine worked on a startup that went from Aus to the > US, but ultimately failed. In the end, all they were left with was a (very > good) patent. This was sold off and resulted in some return for everyone. > > So good patents can buffer the worst case scenario and may appeal to > investors who favor some risk mitigation. I'd prefer investors who believe > more in the business, but that's not always an option. > > On Sunday, 9 October 2011, David Lyon <[email protected]> > wrote: > > > > > > > > > The thing is that the patent system was of most value in the years > 1850-1950. > > > After that, finding innovations that suite protection via the patent > system is > > becoming a lot harder. > > > The world isn't having the 'innovation dilemma' (no electricity, no food, > > no car heater) that it had before. > > > Over manufacturing production capacity is more the new problem. Some > > things are protected by patents but finding new area's to patent in is > becoming > > progressively more difficult. > > > The German approach is often, just make it better than anybody. The > Japanese > > just put a remote-control or dings and a female-voice(chip) on it, and the > Chinese > > Just make it anyway. > > > Pardon my being flippant, but whatever it is - if you can patent it - do > so. Then > > look to where it is in the world that you can get it made up best. > > > Patents aren't anymore about protection. They're about giving you a stick > to > > go out fighting with all the other guys and corporations in the world who > also > > have sticks of their own. > > > For a lot of people in the tech world, it's a survival tool. But others > manage to > > survive quite well without them too. > > > -- > > You received this message because you are subscribed to the Silicon Beach > > Australia mailing list. Visthttp://siliconbeachaustralia.orgfor more > > > > > > > > > > > Forum rules > > 1) No lurkers! It is expected that you introduce yourself. > > 2) No jobs postings. You can usehttp://siliconbeachaustralia.org/jobs > > > To post to this group, send email to > > [email protected] > > To unsubscribe from this group, send email to > > [email protected] > > For more options, visit this group at > >http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
