A Patently Good Idea

Over at Slashdot there is an interesting discussion about a not for profits wanting comapnies to give them access to the companies unused patents. Even state governments (in the USA) support this.

I think this is a great idea because having patents just sitting around stifles the economy and creative development; all the patent holders get out of this is a lack of competition.

Countless patents — including the one used to start up Kotecha’s company, Yokit — sit unused when companies decide not to develop them into products. Now, not-for-profit groups and state governments are asking companies to donate dormant patents so they can be passed to local entrepreneurs who try to build businesses out of them.

Scroll To Top