The amount spent on patents and related litigation is massive. There are other large costs as well of course, but the patent fiasco is a large drag on the industry.
Something I'd like to see in addition to the now-pending reform is a law limiting damages to a fraction of revenue related to how the patent figures in the device in question. That ends up looking like a mandatory licensing fee, which I think would be about right for those few tech patents which are actually valid.
Something I'd like to see in addition to the now-pending reform is a law limiting damages to a fraction of revenue related to how the patent figures in the device in question. That ends up looking like a mandatory licensing fee, which I think would be about right for those few tech patents which are actually valid.