Btw, your writer analogy is a poor one, since prior art exists for that story line and thus it would not be patentable. There are also industries that would collapse without patents (pharmaceuticals for one).
Btw, your writer analogy is a poor one, since prior art exists for that story line and thus it would not be patentable. There are also industries that would collapse without patents (pharmaceuticals for one).
The one example I've found is, embarrassingly enough, Yahoo, which filed a patent suit against a gaming startup called Xfire in 2005. Xfire doesn't seem to be a very big deal, and it's hard to say why Yahoo felt threatened. Xfire's VP of engineering had worked at Yahoo on similar stuff-- in fact, he was listed as an inventor on the patent Yahoo sued over-- so perhaps there was something personal about it. My guess is that someone at Yahoo goofed. At any rate they didn't pursue the suit very vigorously.
I can't help but wonder if pg thinks the same way about software patents now that there is a very real chance that his own patent could be used against him at the whim of someone at a company he's been publically bad-mouthing for some time.
Tivo v Dish - http://www.law.com/jsp/article.jsp?id=1201779834291
Forgent v Audiovox, ePlus v Ariba, Immersion v Sony/Microsoft, EMC v HP, USA Video v Movielink, BroadVision v Art Technology, Electronics for Imaging vs everbody .... http://answers.google.com/answers/threadview?id=492018
If someone comes to YC with an idea you like but is incumbered by a technology and/or business model that you know infringes on specific patents held by a company like Microsoft, do you just fund them anyways and tell them it doesn't matter?
Are you saying it would have made no difference to Yahoo if Microsoft somehow patented the continuation-server idea Viaweb depends on before you did?
And yes, it would have made no difference to Yahoo. As far as I know, they didn't do any patent searches prior to acquiring us. In fact, I've never heard of patents torpedoing an acquisition. Acquirers (rightly) have a fatalistic attitude to patents.
Curiously enough, Yahoo did get sued by a patent troll over Viaweb. It was after my time, but it was something to do with shopping carts. A totally bogus claim, but I believe Yahoo settled, because they were able to pay them out of the money they'd held in escrow for us. (We were not that unhappy though, because the money held in escrow had increased something like 15x.)
Pharmaceutical research in the US 2005 34.8B USD federal funds 41M USD. Thats less than 0.12%.
Pharmaceutical research in all likelyhood includes the cost of bringing drugs to market, currently around $800M per drug. Because of this high barrier, much of the Pharma energy goes into 'me too' drugs of a higher risk/reward ratio, again inflating the true spending on new research: http://freakonomics.blogs.nytimes.com/2008/01/24/what-dont-w...
The me-too phenomena is a problem but only because of two factors, pressure by pharma reps and the fact that the US is the only country I ever heard of that allows advertising of non over-the-counter meds.
Hiring doctors to travel the country, give lectures explaining how it works, renting conference centers, providing lunch, etc adds up. Learning how to use a new drug is not easy like learning software; trial and error doesn't work.
A drug is worthless if your doctor doesn't know what it does.
America is the one of the only countries that allows pharmaceutical companies to advertise directly to consumers. http://tinyurl.com/27y5df
The sad truth is, I really believe this would what would've happened!