Re:The U.S. is charging Huawei with racketeering
by blackrock on Thursday February 13, 2020 @10:00PM
(#22323630)
Exactly. Like solar panels. It existed for decades, and languished in the labs, behind patent protections, until the patents expired. Then China came onto the scene, and innovated in mass production techniques to make it cheaper.
And now, solar energy just crossed a milestone, at 4 cents per kilowatt hour, making it competitive with other energy sectors.
In many industries patents are an innovation blocker. Companies often spend more money fighting patents trolls than they gain form having patents. Patens are increasingly acquired for defensive purpose to defend against patent troll attacks rather than actually protecting any innovation.
I am not against intellectual property protection, but I think how things have developed in the US in particular is excessive and counterproductive.