Sounds like Patents need to be changed then. Especially for variations of normal technology. Like, someone should not be able to patent a new variation of an OLED display. But, if you create a NEW product (E.x something that literally doesn’t exist yet that creates a new market) then you can patent that. And, patents should expire in 3 years, hard limitation.
Well, those products didn’t exist when they made eink displays. The whole point of a patent is to grant a temporary monopoly in exchange for the patent holder making details of the invention public. The patent holder gets a monopoly on producing and selling that thing so they can recoup their investment, and competitors can make derivatives after the patent period.
If a product already exists, you can’t patent it because it falls under the “prior art” restriction.
That said, I absolutely agree that patents should have a much shorter duration. I think the right number is somewhere in the 5-7 year range, but others certainly have different opinions. What I’d like is an actual, national discussion about it instead of just random ranting on social media.
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So… Someone needs to sue them for a monopoly? Seems pretty cut and dry.
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Sounds like Patents need to be changed then. Especially for variations of normal technology. Like, someone should not be able to patent a new variation of an OLED display. But, if you create a NEW product (E.x something that literally doesn’t exist yet that creates a new market) then you can patent that. And, patents should expire in 3 years, hard limitation.
Well, those products didn’t exist when they made eink displays. The whole point of a patent is to grant a temporary monopoly in exchange for the patent holder making details of the invention public. The patent holder gets a monopoly on producing and selling that thing so they can recoup their investment, and competitors can make derivatives after the patent period.
If a product already exists, you can’t patent it because it falls under the “prior art” restriction.
That said, I absolutely agree that patents should have a much shorter duration. I think the right number is somewhere in the 5-7 year range, but others certainly have different opinions. What I’d like is an actual, national discussion about it instead of just random ranting on social media.
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A patent is a state-granted monopoly.