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Friday, August 07, 2015 2:06:07 PM
Based on my interpretation, it would appear to support the continuing and increasing need for some to stand up for the inventors, much like Marathon and Acacia does. The small inventor is often said to be the root of innovation, where big companies are often simply aggregators of technology post development.
The real irony in all the patent reform discourse and alluding to some companies as patent trolls, while others not, is that ultimately a large portion of many of the largest companies in the world generate significant licensing revenues from their own patents. The hypocrisy is nothing short of astounding in that some clearly believe it's fine if we're benefitting, but take issue with others for doing the very same thing, a comlete double standard.
The system does need changing I agree. Recent opposition to early reform initiatives is telling in that many are now recognizing the adverse consequences to actual innovation and the small inventor. It's why recent attempts to slam through reform were again tabled for the year.
To me, there is simply no worse macro environment than what we've witnessed for patent monetization companies over the last year. The current standing President has fueled much of the uncertainty and his ties with Google are well known. A new administration has the potential of really bettering the entire situation for patent holders.
Whether it ultimately Clinton, Trump, or some other Republican, it will be a dramatic improvement in my opinion likely rebalancing power in favor of patent holders.
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