When the patent laws were first written, those who drafted them had no idea what they would eventually yield. Today, innovations in technology have exponentially increased the quantity and variety of patents filed every day. While it’s good that companies and individuals continue to come up with new ideas, the system itself and those who are willing to take advantage of it are hurting the general progress of technology.
Every potential new piece of technology is a landmine waiting to happen.
According to MBA Online, “Patents were invented to protect innovation, but they are being used as weapons by the evil tech companies and dreaded patent trolls to stifle it. Whether buying up patents to protect against lawsuits, or amassing them in order to sue others, these villains have prioritized profit over creation.”
Created by: MBA Online