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by motives
1806 days ago
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Just as an example, IBM receives almost 10,000 patents a year. At $100,000-$1,000,000 per patent, that year of patents alone in 15-20 years time would cost $1-10 billion. That is most definitely not a rounding error and would constitute as much as 10% of their annual revenue just to keep that single years worth of patents. I think this sort of escalating pricing scheme would definitely help reduce the barriers for startups and new innovators, and prevent abuse by companies worth hundreds of billions of dollars. |
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