Re:In new case, Supreme Court revisits the question of softw...
by higherpurpose on Saturday March 29, 2014 @06:48PM
(#7494309)
> When it is better to "own" old IP than to make new one, the system is strangling innovation, nothing else.
Nailed it with that one. That's exactly why companies like Microsoft and IBM [1] fight so hard to keep the current patent system, or even make it worse. They have so much more to gain by rent-seeking with their old bogus patents than by creating new ones (especially if the new ones would have to be put through much more rigorous filtering), since they're not really the innovators in the tech industry anymore.
Nailed it with that one. That's exactly why companies like Microsoft and IBM [1] fight so hard to keep the current patent system, or even make it worse. They have so much more to gain by rent-seeking with their old bogus patents than by creating new ones (especially if the new ones would have to be put through much more rigorous filtering), since they're not really the innovators in the tech industry anymore.
[1] - http://www.washingtonpost.com/blogs/the-switch/wp/2013/11/20...