Have an idea you want to turn into a #Startup? Learn how, and then LAUNCH IT IN CLASS!:
And here’s why that isn’t necessarily a good thing:
New patent office opening soon in Silicon Valley, and everyone is cheering. The viral ignorance is it’ll make it easier for all those young entrepreneurs at Stanford and such to get their ideas protected from corporate thieves, enabling them to launch their start-ups and shed their inventions of technology upon the world.
The truth is, more and more patents will prevent technology from being actualized, limiting new technology and inventions to only those that can afford to submit, pay for, protect, and defend their patents.
Case in point:
A developer friend works for a growing tech start-up which has been aggressively filing patents for the last couple of years. He and his colleagues are encouraged to write patents on all their ideas, in fact, he gets a substantial bonus for every patent he writes for the company no matter how obscure or feasible they are. Patents are granted on ideas [with methodology for execution] alone. They do NOT need to be tested or functioning ideas, or even in the process of development. The start-up my friend works for spends in the range of $10,000-$30,000 in filing, bonuses and legal fees on each patent for the following reasons:
–More patents make the company more valuable to investors.
–Patents on their ideas gives the company time to develop them, if they choose to do so.
–Patenting ideas protects the company from anyone else actualizing them in the near [or sometimes distant] future.
–Patent protection enables the company to protect themselves against future infringement suits, and counter-sue for frivolous claims.
…Read more: http://jcafesin.blogspot.com/2012/07/new-patent-office-in-valley.html
Talked to an old friend yesterday. We hadn’t spoken for almost 2 yrs. No particular reason. Life took over and we lost touch. The last time we spoke he told me his wife had quit her job as a restaurant manager and was very happy to be home, fixing up their house, shopping, cooking, doing things she never had time to do when working. Two years later, she is still at home. The house is now fixed up. There are no children, and she has no other responsibilities. When I asked my friend what his wife does with her days, he told me she enjoys working out, watching TV, and she plays a lot of Angry Birds.
My mother-in-law lost her husband of 53 yrs a couple years back, a year after they closed the small business they had together for almost as long. With no business to maintain, no kids to care for, and only sparse time with grown grandchildren, I assumed she’d would find her niche in volunteering, perhaps invest time into her community, teach literacy at her local library or maybe the hospice her husband spent most of his last days in. I don’t like sick people, she told me upon inquiry. And she has no interest in teaching, anyone, anything, she insisted, clearly annoyed at my suggestions. I’ve worked my whole life. It’s my turn to do what I want. What does she do all day? Plays Solitaire, or goes to plays and movies with friends and family, when they’re available, which isn’t often. Most elderly folks she knows are helping their kids with the grandkids, or volunteering.
On the phone with my old friend, I intimated his wife was wasting her life. A talented professional, she has too much to give to waste time with Angry Birds, I insisted. But my friend disagreed. She enjoys her days now, no longer under constant pressure to preform, he informed me. She’s allowed to relax, after working most of her life. She’s 45 yrs old, I countered. And has been relaxing for almost 4 yrs now. So? He was perturbed by my observation. They don’t need her income. He makes enough to support them both, so no harm, right?