Re: [CAD_CAM_EDM_DRO] O/T Patent applications

Hasn't anyone ever heard the truth about laws? Laws are written (basically)
for the benefit of the legal profession and the rich, not the average
person.

Smoke

> I am inclined to fully agree with your rant, Joe.
>
> I feel the patent system is unfair to small business inventors.
>
>If the patented Idea turns out to have no value then the costs
>were wasted.
>
>If the idea has value it will be challenged. Patent litigation
>is notoriously long and expensive. Those guys don't work
>much on percentage as ambulance chasers do.
>
>So only the very rich have deep enough pockets to defend
>the patent.
>
>I think patents only serve to make very rich people richer.
>
>Kind of like campaign financing.
>
>I have been through considerable litigation on some of my patents. I am
>involved in some now in fact. The consignees/
>investors provide the deep pockets but I must tell you it is
>a VERY unpleasant affair. I am sick of depositions and long
>meetings with lawyers. It costs a fortune. Litigation in other
>countries is worse. Infringement often comes from someone
>in another country.
>
>And yes, I am sad to say that I do not reap the financial
>benefits of my patents. They did not exactly let me starve
>either. I would have rather had 5% though.
>
>It is a shame that the patent process often has little value to
>the guy inventing in his garage.
>
>Because guys in garages are the source of most technical innovation.
>
>Leslie Watts
>L M Watts Furniture
>Tiger, Georgia USA
>http://www.rabun.net/~leswatts/wattsfurniturewp.html
>
>
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