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: LawPunditWe need an independent invention defense to minimize the damage of aggressive patent trolls - Union Square Ventures: A New York Venture Capital Fund Focused on Early Stage & Startup Investing
By Andis Kaulins
an article by Union Square Ventures:
A New York Venture Capital Fund Focused on Early Stage & Startup Investing.
They write:
"[T]he patent system has fallen way behind the pace of innovation, especially in information technology. Originally designed to protect the brilliant independent inventor of a better mousetrap, the patent system has been stretched to be applied to software. Software is a language and like any language, it can be very abstract. Everyone applying for a patent pays a lawyer to take their invention and render it into the broadest, most abstract language they can slip through the patent office. A mouse trap is a mouse trap, but a method of allowing one piece of software to talk to another (the generalized language often used to describe a software system) can be almost anything, and can, if approved, impact markets the original inventor could never even have imagined."Read the full article here.
Full post as published by LawPundit on January 14, 2010 (boomark / email).
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