the risk of the patent system to break down Innovation only occurs when entrepreneurs are incentivized to take risks
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By Gene Quinn June 29, 2016
.. Of particular interest within the industry, as has been pointed out by attorney Robert Greenspoon (see comment 8) within the 15 months all eight Justices on the United States Supreme Court have signed on to an opinion that includes a statement calling patents an important private property right. Yet, at the same time, the Obama Department of Justice (DOJ) and the Solicitor General in particular suggests patents are a public interest. So which is it?
Increasingly we hear stories that those who meet with the Obama DOJ, and other parts of the Obama Administration, get asked questions that seem to defy reality. “If your patents are so valuable to you then why are you afraid of defending them in CBMs?” “How can you tell me that America would not be better off if we did not have patents?”
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There is reason to fear that the Napster generation is now getting older and taking a deeper root in our society and culture, and soon our governance. The next few years will be a pivotal time for the U.S. patent system. Will we continue down this path to oblivion, or will attitudes change?
https://www.ipwatchdog.com/2016/06/29/innovation-entrepreneurs-incentivized-risks/id=70418/