disruptive technology mobile development

Discussion: does intellectual property law encourage or discourage innovation?

Alongside the impressive technological advances of the last two decades, software patents started to be used as destructive weapons, stifling competition.  A Stanford University analysis found that almost $20 billion was spent on smartphone patent litigation and patent purchases in the last two years. In fact, according to SEC public filings, Apple and Google spent more on patent related expenses than on research and development of new products.

The New York Times recently explored the inadequacies of the US Patent system in our current digital marketplace and today they asked six thought leaders in the legal and tech industry to weigh in on the influence of  intellectual property over innovation.

By mzl10

Librarian and kindness enthusiast.

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