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by Woost
5366 days ago
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Ideas don't have a dollar value. I'm guessing that not one company who signs a licensing agreement with the patent troll does so because they want access to a library of ideas. They do it because they're working to build a real product, and the patent troll comes along and says "sign this and pay us or we'll make your life miserable and it will cost more" |
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say IV had the patent for a burr coffee grinder. even if they never build a non-prototype grinder, they went to the trouble of conceptualizing, prototyping, and writing down their idea for an invention so someone else could build it. that invention has merit, even if Intellectual Ventures doesn't build one.
the question is whether (ignoring particular types of inventions like computer software, which is legitimately tricky to reason about) all of the inventions are legitimately novel inventions which go through an inventive process of discovery (for lack of a better phrase), or whether they are rote improvements on concepts which are already state-of-the-art, or shots in the dark hoping to land some profitable patent litigation later. and nobody but Intellectual Ventures knows what their intention is.