Archive for November 15, 2011

Tuesday, November 15, 2011 [Tweets] [Favorites]

The Real Cost of Patent Trolls

Adam C. Engst on a paper from Boston University:

[T]he cost has averaged $80 billion per year. Moreover, very little of this money ever makes it to the actual inventors, meaning that the money lost by defendants doesn’t incentivize other inventors. In short, software patents (for most of this behavior surrounds them) are simply a drag on innovation and real progress.