Edison as (Cost of a patent) a Patent Troll, or Where is California Going in Stem Cell Research?
Monday, December 15th, 2008In March 2006, there was renewed concern about the patent system, manifested not only in discussion of the NTP v. RIM (BlackBerry) case, which settled for $612.5 million but also on the fate of the use of injunctions in patent infringement cases, to be reviewed by the Supreme Court in eBay v. MercExchange. The Wall Street Journal wrote that U.S. patent law is “deterring research and penalizing innovation,” and that the patent system is “fast becoming a detriment to U.S. competitiveness, not to mention basic fairness.” The idea that patents are not central to innovation can also be found in the philosophy of some venture capitalists, who will directly tell you “patents are not why we are investing.”

