The Intellectual Property System Is an Impenetrable Maze

By Richard Jefferson – Patents are teachings, true recipes for enterprise. By law they are fully open documents that exist for the purpose of enabling innovation. The idea historically, at least is to tell the world exactly how to create or implement whatever new, nonobvious and useful tool or process the patent covers. In exchange for this full disclosure the patent’s owner acquires a right to control its use for a specified time and within a set jurisdiction.

These problems are compounded for true innovations economically impactful products and services built on new science and technology. Real innovations seldom, if ever, depend on a single invention or even a small number of them. On the contrary, modern innovations generally spring from hundreds of discrete items of intellectual property (IP). more> http://tinyurl.com/mw82fnu

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