Better Information for Better Patents
The patent system is designed to promote innovation by granting limited rights to inventors. An important aspect of granting patents is making sure the most relevant prior art is considered. In some areas (e.g., computer software and business method innovation) technologies are advancing quite rapidly and it is important that the United States Patent and Trade Office (USPTO) uncover all of the most relevant prior art particularly that found outside of traditional patent and non-patent literature. Peer-to-Patent allows members of the public to pool their knowledge and locate potential prior art to share with the examiner and inventor.
Unfortunately, the "limited rights" (economic subsidy) to inventors are not very limited at all. This sort of takes away any motivation to help them acquire monopolies from work and ideas they frequently got unrestricted from the rest of society in the first place. I'm just hoping that of the next 100,000 great ideas, I'll be able to leverage a few of those. Gosh, how inefficient! Limiting the exploitation of ideas for 20 yrs to just 1 person instead of what is natural (unlimited use by all).
hozelda 2 years ago