US PTO rules against Univ of California, argues that Broad Inst invented CRISPR

Re:US PTO rules against Univ of California, argues that Broa... by moffkalast on Tuesday March 01, 2022 @07:23AM (#30513245)

Reminds me of FDM 3D printing tech. Stratasys patented it in the 80s and proceeded to do fuck all with it except slow down progress in the field. It's only since 2009 when it expired that it became commercialized and mainstream, revolutionizing prototyping as we know it.

At this point patents need to be replaced with a one time monetary reward system or a stipulation that everyone using the tech needs to pay you 5% royalties for a time duration or something of the sort, but no exclusive rights. With the way the climate is going we can no longer afford these 30 year tech setbacks or we're all screwed.

[ Parent | on HN ]

Re:US PTO rules against Univ of California, argues that Broa... by namlem on Tuesday March 01, 2022 @07:28AM (#30513286)

There are other possibilities. Such as a licensing system based around the idea of Harberger taxation. Basically, you make licensing of patents mandatory, and tax the patents based on the licensing fee. The higher the fee, the higher the tax.

Or just cut the duration of patents. 20 years made sense back in the 1800s. These days it should probably be more like 7 years.

[ Parent | on HN ]