Originally posted by Nobody
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And then, even if they do something slightly different, a Continuation (basically, a later patent based off the same application and thus able to claim its earlier priority date) makes it possible for the original inventor to write claims AFTER the later modification, and thus tailor the new claims to encompass the new thing. If issued, the subsequent patent will then reach back to the earlier date and instantly make their supposedly "safe" alteration a huge problem involving past damages, future licensing costs, and lots of attorney fees. It's usually easier and ultimately far less expensive to just strike a deal up front so everyone can proceed with some predictability.
Anywho...what happened to the bazillions of attorneys who put up mega advertisements saying, "have and idea? Patent it". It was a craze about 10+ years ago. Where did they all go? Did the US patent office put an ethical end to that madness?
I'm sure Bu patent their wakegate (wastegate) idea, but that's not going to stop others from adopting the idea on their boats because they'll just change it slightly (maybe improve).
And yet, that's the whole point of the patent system. You are given a government-issued monopoly in trade for revealing your invention in the hopes that it will inspire others to further push the envelope. The alternative is to hold it as a trade secret, which doesn't seed the creativity of others and thus doesn't push society forward as effectively. Perhaps no one will be able to avoid paying Malibu a fee for similar designs - but it may also stimulate someone to come up with a different way of accomplishing the same thing in an entirely different way (I've got one idea myself, in fact).
Have a brother-in-law who sells the big patents worth 10 mil and up. Interesting job. He says the average company (as in very large) steals the work then pays up latter to avoid a law suit. The Koreans are the worst, so I'm told.
I had one instance where patents I wrote ended up as an element of a huge suit/countersuit between two ~$1B titans. My company was vanishingly small by comparison, but we saw an opportunity. We approached both and offered the patents to the first company to pay our price. The cash changed hands, and the three year lawsuit ended a month later with the non-buyer capitulating to the new owner with the typical cross-licensing deal.
I often describe myself in these deals as an "arms dealer". I'm small, and don't personally represent a threat to any of the titans clashing around me, but I have weapons for sale to the highest bidder. The question is, which end of my Stinger missiles would you like to be looking at?
Enough on this topic. Let's keep the thread on-topic.
Thanks!
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