This week, David Kappos, head of the US Patent and Trademark Office, gave a speech at the Center for American Progress where he dismissed critics of the patent system, telling them to "give it a rest already." He insisted that his office was doing a great job, and was the center of American innovation, citing various stats to back up his claim.
On Ars Technica, Timothy Lee does a masterful job of fact-checking the patent boss's claims, driving a Mack truck through the logical flaws in his argument:
"Our patent system is the envy of the world," Kappos said. In his view, the key question in the patent debate is "do we demand today's innovation on the cheap via a weaker patent system that excludes subject matter, or do we moderate today's consumption with a strong patent system so our children enjoy greater innovations?"
This argument ducks the central question in the software patent debate: do patents, in fact, provide a net incentive for innovation in the software industry? Many entrepreneurs say that just the opposite is true: that the disincentive to innovation created by the threat of patent litigation dwarfs any positive incentive effects created by the ability for a firm to get patents of its own.
Empirical evidence backs this up. For example, in a 2008 book, the researchers James Bessen and Michael Meurer found that for nonchemical patents, the costs of patent litigation began to exceed the benefits of holding patents in the 1990s. Software and business patents were particularly prone to litigation.
More recent research has estimated that litigation by patent trolls costs the economy at least $29 billion per year, and that figure may be as high as $83 billion.
US patent chief to software patent critics: "Give it a rest already"
An official New Zealand government bulletin on yesterday’s conclusion of the still-secret Trans Pacific Partnership Agreement negotiations accidentally confirmed something we all believed was in there all along: an extension of copyright terms to match the USA’s bizarre, evidence-free, century-plus terms.
Tim Harford, the Financial Times’s Undercover Economist, writes about the Happy Birthday to You court case, which finally settled the question of whether the familiar birthday song was still in copyright (it isn’t) and uses that as a springboard to ask the question: how long should copyright last?
For most of a decade, government negotiators from around the Pacific Rim have met in utmost secrecy to negotiate a “trade deal” that was kept secret from legislatures, though executives from the world’s biggest corporations were allowed in the room and even got to draft parts of the treaty.
The Lytro Illum dares to be different, boasting even more robust features than its first generation predecessor and a sleek design reminiscent of professional DSLRs. What’s so cool about it? Most cameras capture the position of light rays, producing a statoc 2D image.
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