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by thedragon4453
5448 days ago
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Definitely like the second part. It would seem that if you aren't actually using your patent, the patent's purpose is lost. I also think there should be oversight on the patents that are granted. Right now you can patent something that has 20 years of prior art with relative ease. That's silly. |
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There were also reforms in the 1990s which extended the life of a patent (from 17 years to 20), but started the clock at filing time, not grant. This was due to a slew of patents issued to Jerome Lemelson which he kept appealing to the patent office. These were eventually granted, a practice termed "submarine patents". Lemelson (and his heirs) were awarded over $1.3 billion in royalties (he's also got a wing of the Smithsonian named after him).
But the system's still pretty messed up.