So people in education shouldnt be allowed to invent ideas to make money. I see your perspective.
Clearly you didn't bother reading the article or any of my previous posts before making this absurd comment.
Network-1 is NOT "in education." They acquired patents from some really smart guys who WERE academics.
And, I clearly said that they're entitled to sue for damages if Apple or anybody else infringed on the patents which they legally own. I just don't respect companies (including Apple, if they do or were to start doing it) who hoard patents for the sole purpose of suing for infringement.
Is it legal? Absolutely. Is it ethical, IMO, no, it isn't.
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So, if i have a great idea that I protect with a patent, (because you know, thats what a patent is supposed to do), but I dont have the capital to put my idea into production, anyone who can see my patent can just steal my idea, because my idea is not in production? Is that your stance......really?
For the love...
I wish reading and comprehension were requirements before being able to post.
Where did I say that people with patents don't have rights? My gripe has absolutely nothing to do with the guys who created the patent.
What I have a problem with is companies like Network-1 who acquire other companies for the sole purpose of suing for infringement, whether actual or perceived.
I respect their right to enforce the patent they own. I don't respect their business model. Is that plain enough for you to understand?
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It's not a business model. It's protecting copyrights.
Directly from their website:
"Network-1 is focused on the acquisition, development, licensing and general enforcement of its intellectual property portfolio. We identify and acquire intellectual property from companies and inventors and implement industry-wide licensing programs on reasonable terms to enable widespread adoption. In this manner, Network-1 is able to maximize the value of the technologies and generate returns for the inventor's research and development investments.."
Now do you understand what their business model is?