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Beware the King of the Patent Trolls

superapecommando (1667063) writes | more than 4 years ago

Patents 0

superapecommando (1667063) writes "If you haven't heard of Intellectual Ventures, you will do. Set up by ex-Microsoftie Nathan Myhrvold, with investments from Microsoft among others, it is basically a patenting machine – filing and buying them in huge quantities. Note that it doesn't actually *use* these patents – except to threaten people with. In other words, Intellectual Ventures is a patent troll – or, rather the King of the Patent Trolls.
So I was interested to come across this extremely positive blog post on the company. That it is so positive is hardly surprising, since the blog is called “Tangible IP”, and subtitled “ipVA’s blog on adding value through intellectual property”. Nonetheless, it provides valuable insights into the mindset of fans of intellectual monopolies. Here's what it says about Intellectual Ventures:
They are an invention house, and have adopted and reinvented leading edge patent strategies to create a portfolio of their own IP which, in its own, would be of high high worth.
They don't *invent* anything in the proper, deep sense of the word: they merely file and buy patents – with no intent of ever making stuff or solving real-life problems."

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