tag:blogger.com,1999:blog-6851300.post8763778225253497750..comments2023-11-05T06:06:12.057-06:00Comments on The 271 Patent Blog: Now It Begins? Litigation Rumors Surface Over Intellectual VenturesTwo-Seventy-One Patent Bloghttp://www.blogger.com/profile/02481083706071978817noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6851300.post-66712983047624965202009-10-08T05:02:08.642-05:002009-10-08T05:02:08.642-05:00If you need this template http://www.itemplatez.co...If you need this template http://www.itemplatez.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6851300.post-5416669418454811212009-09-08T17:18:06.073-05:002009-09-08T17:18:06.073-05:00I have no problem to a patent the truely contribut...I have no problem to a patent the truely contributes meanigful technology, unfortunately the patents that had little or no value when the dot coms exploded have even less value now. The reason the patents are of no value is that they contributed little if any technology. In the hands of a spin-doctor a contingency fee attorney can take a Duck and spin it into an Eagle and seek nuisance settlements. So the dot coms that did not go bust end up having to pay off meritless claims resulting in wasted time and money for everyone.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6851300.post-20808207245058903862009-09-03T09:46:05.701-05:002009-09-03T09:46:05.701-05:00Intellectual Ventures and other so-called patent t...Intellectual Ventures and other so-called patent trolls are really the beginning of a secondary market in patents. Most of these companies got their start in the failed companies of the dot.com bust. These patent recycling companies paid the investors of these failed companies something for their R&D in the form of buying their patents. This reduced the cost and the risk associated with R&D. The VC’s I knew were going to let these patents expire, resulting in zero return to the investors. Patent investing companies like Intellectual Ventures should not be vilified, but appreciated for the valuable secondary market they are creating. Like all new markets, the pioneers took enormous risks but also paid very little for the assets they acquired. Their success will encourage other entrepreneurs driving up the costs of buying patents (excess R&D). This will reduce the cost and risk associated with R&D, which will result in more investment in high technology start-up companies. <br /><br />Vilifying Intellectual Ventures is like vilifying investors in the physical assets of failed enterprises. These investors recycle assets and make them part of the productive economy again. While it is sad to see a business fail, failure is part of the innovation process. Putting the assets of a failed enterprise back to work as soon as possible would be considered a humanitarian effort if performed by a non-profit. However it is really just as valuable or more valuable to the economy when do by a for-profit enterprise.Dale B. Hallinghttp://www.hallingblog.comnoreply@blogger.com