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____/ Chris Ahlstrom on Saturday 16 Jul 2011 14:48 : \____
> Roy Schestowitz wrote this copyrighted missive and expects royalties:
>> I've just spent half an hour doing a corporate autopsy of a company
>> that became just a pile of patents and got sold to another, then
>> to a patent troll who help crush the economy for their own benefit.
>> It's the former CTO of Microsoft, a really nasty person.
> Nathan Myhrvold's book about cooking.
> In 1999, when Nathan Myhrvold left Microsoft and struck out on his own,
> he set himself an unusual goal. He wanted to see whether the kind of
> insight that leads to invention could be engineered. He formed a company
> called Intellectual Ventures. He raised hundreds of millions of dollars.
> He hired the smartest people he knew. It was not a venture-capital firm.
> Venture capitalists fund insights---that is, they let the magical
> process that generates new ideas take its course, and then they jump in.
> Myhrvold wanted to make insights---to come up with ideas, patent them,
> and then license them to interested companies.
> A letter in response to Malcolm Gladwell's article (May 12, 2008)
> By filing hundreds of patents each year, Nathan Myhrvold's
> Intellectual Ventures could end up slowing, instead of driving,
> innovation, as his company may lay claim to intellectual property from
> other firms. As Gladwell notes in his piece, 'simultaneous
> discovery' is common in technology and often leads to unhappy
> results. The patent hoarding at I.V. could mean legal tussles over who
> owns the actual innovation, and should be cause for a revisiting of
> patent law, not for the celebration of a company propagating the problem.
He has just started suing another bunch of companies. The guy is a patent
troll -- part of the problem that drives innovators out of the US.
~~ Best of wishes
Dr. Roy S. Schestowitz (Ph.D. Medical Biophysics), Imaging Researcher
http://Schestowitz.com | GNU/Linux administration | PGP-Key: 0x74572E8E
Editor @ http://techrights.org & Broadcaster @ http://bytesmedia.co.uk/
GPL-licensed 3-D Othello @ http://othellomaster.com
Non-profit search engine proposal @ http://iuron.com
Contact E-mail address (direct): s at schestowitz dot com
Contact Internet phone (SIP): schestowitz@xxxxxxxxx (24/7)
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