The paper, Patent Trolls: Evidence from Targeted Firms, by Umit G. Gurun and Scott Duke Kominer assumes that NPEs are enforcing patents of questionable validity. However, the paper offers no proof of this and does not even try to justify this position. Once you start with that position, it is a foregone conclusion that any litigation is unjustified and wastes resources. However, the initial assumption is not proven and in fact many papers have shown the opposite. If you do not start with this assumption then the paper’s whole argument falls apart. Litigation losses by operating companies are a justified return to the inventor and their investors. The operating companies are not victims, but victimizers and the return to inventors and their investors encourages more inventive activity.
The paper, The True Story of How the Patent Bar Captured a Court and Shrank the Intellectual Commons, has a number of errors that show its conclusions are flawed. The author’s errors in a related article, entitled How Many Jobs Does Intellectual Property Create? were well documented by Adam Mossoff and Mark Schultz in Intellectual Property, Innovation and Economic Growth: Mercatus Gets it Wrong. This paper’s title purports to show the Court of Appeal for the Federal Circuit has been captured
This is an excellent video that discusses four theories on the foundations of quantum mechanics and it is some of the best explanations I have seen and it is not a dry video. I have pointed out that there are a number of problems with the Copenhagen Interpretation of QM. The video presents four alternatives to the Copenhagen Interpretation. They are the De Broglie–Bohm theory, the many-worlds theory also known as the Everett interpretation
The website Rebirth of Reason, which is supposed to be an Objectivist website, posted an article entitled Patent Scam. Below is my open letter to the author of this article.
Dear Ms. Vera S. Doerr,
If someone displayed the ignorance in criticizing Objectivism that this article does about patent law, Objectivists would be furious. First of all it is clear that you do not know how to read a patent. You don’t know the difference between the claims and the background, you don’t know the difference between an independent claim and a dependent claim or a patent and a patent application. In fact it is clear that you did not read the patent application, which can be found here http://www.freepatentsonline.com/20140215201.pdf.
This article, Intellectual Property, Innovation and Economic Growth: Mercatus Gets it Wrong, by Mark Schultz & Adam Mossoff is a follow up to their other article Intellectual property and economic prosperity: Friends or foes? This article is
Intellectual property and economic prosperity: Friends or foes?, in TechPolicyDaily.com. The article reviews a report by the Mercatus Center, a free-market think tank that is highly critical of IP. Here is one of my favorite quotes from the article:
“It is bewildering, for example, to find a libertarian think tank arguing that government projects are superior to private property rights as a means of directing resources to innovative
We have completed a first draft of the second Hank Rangar book, tentatively titled Trails of Injustice. Hank is snared by a government conspiracy to undermine the constitution. Can you guess which recent government conspiracy it is?
This weekend (8/1/14 – 8/3/14) Pendulum of Justice is on sale for $0.99. The hero of this fast paced techno-thriller is Hank Rangar an inventor.
With two high tech start-ups going gangbusters, former cyber warrior Hank Rangar has finally “made” it. His lab, “Made By Man,” has revolutionized cardiac procedures, potentially saving
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