[time-nuts] WWVB for Time Nuts

Jim Lux jimlux at earthlink.net
Sun Aug 10 11:01:11 EDT 2014


On 8/10/14, 5:41 AM, Bob Camp wrote:
> Hi
>
> Keep in mind that it’s relatively cheap (big company wise) to get a patent. It’s only got major value once the courts uphold it as valid. That process costs real money. I’ve seen a variety of estimates on how many patents get issued that would never stand up to challenge. None of the estimates I’ve seen have been below 50%, some are a lot higher. Since the patents for "sunscreen that’s only useful on the moon" also get tossed into some of the estimates, who knows what the real numbers are.
>
> Often the protection process becomes a “we have 689 patents on this gizmo” sort of thing. Even if 99% of them are bunk, it will cost you a lot to prove that. You still would have to pay based on the 1% that turn out to be valid. The net result is a system that never challenges (and clears out) the junk.
>

Or, "we have 689 patents and you have 325 patents, so let's cross 
license our pools"



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