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Comments Luckily the patent bubble is gonna burst within this decade. [Comment at 07/17/2010 09:55 PM by Globulation] It is so amazing how technology works nowadays! Lots of things are being made to people to make our life easy. This may have a disadvantage but if we are going to use the products of technology on a good way this won't harm us. However, there are some products that are not that beneficial to humans. The first generation of http://personalmoneystore.com/moneyblog/2010/07/26/nap-nanny-products-recalled/ have been recalled by the Consumer Product Safety Commission and company Baby Matters. One death has been attributed to a Nap Nanny, but in that case the product was being used incorrectly. It is really important for us to be well informed on how we are going to correctly use the products that we going to buy. [Comment at 07/27/2010 12:43 AM by Charmed] It's not clear how that has anything to do with patents, "Charmed".
P.S. your post would be more readable if you used HTML properly: <a href="insert long URL here">Nap Nannies</a>. [Comment at 07/27/2010 01:21 AM by Nobody Nowhere] This post contains an inaccuracy; although RPX does acquire patents, it does not sue to enforce them. RPX buys up numerous tech-sector patents that NPEs (" patent trolls") might use against RPX members. The patents are then collectively licensed and available to RPX members, for an annual subscription fee. This actually helps to prevent patent infringement litigation. RPX does not initiate or directly benefit from patent enforcement suits. Thus, while it is perhaps rather accurate to say (as I have heard some comment) that the RPX model is basically a "protection racket," you can't accurately label RPX a patent troll, or even a "counter-troll." [Comment at 07/27/2010 02:46 PM by patent litigation] It's still parasitical economic activity. It's not as bad as NPEs suing or the like, but all the money going to RPX could be plowed directly into R&D if the patent system were abolished. [Comment at 07/27/2010 02:55 PM by Nobody Nowhere] Nobody:
As you say, the money going to RPX could be plowed directly into R&D. However, it seems that prior to the implementation of patents in Italy that the Italian pharmaceutical industry was putting little or no money into R&D, instead merely copying foreign invented pharmaceuticals. So, while the money could go "directly" into R&D, as you note, there is no guarantee that the money going to RPX would actually go to R&D. Correct? [Comment at 07/28/2010 09:45 AM by Lonnie E. Holder] Lonnie again:
Nobody:
As you say, the money going to RPX could be plowed directly into R&D. However, it seems that [calls me a liar]
None of the nasty things that you have said or implied about me are at all true.
The data in Against Intellectual Monopoly says pharma R&D decreases when patents are issued in that area.
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