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February 09, 2003

A company

Lately I've been thinking of a lot of ideas, taking on the role of inventor. Reading about computer security problems, I come up with weird ideas to solve them. Of course, a lot of things are just applications of existing technology so they'd make cheesy patents (although I guess technically legal ones). But I figure if I don't register them, someone evil might, right?

I think I'm going to start a company. It will be a technology patent holding company, the purpose of which will be to actually spark innovation. Here is how I plan to do it. Does it sound like a good idea?

The company grabs these "stupid," patents and uses them as a weapon against the Enemy (namely, greedy corporations that bully small companies/people with their stupid patents and the DMCA and whatnot).

Licenses will be granted in two ways.

If a company is a charity or non-profit, they can obtain a "free" license for the duration of the patent (they'll have to pay some tiny amount for the paperwork and processing).

If a company is for-profit, they can do one of two things:
1) They can pay the holding company an (exorbitant) amount for a standard license
2) They can obtain a "free" license if the product our patent is used in contains at least one patent that the licensee company owns. They then have to make an identical license policy for all their owned patents used in the product (that is, they must make all patents available to non-profits for "free," or to for-profit companies under an identical structure). If the licensee company chooses this option, they will still have to pay some small paperwork fee.

It's like a BSD style patent license. Ideas want to be free, right? Well now if you give away your ideas to others, you can use someone's free idea yourself.

Yay. Anway IANAL so I don't know how to enforce the licensing for patents, or how to "protect the company from itself" as it were. Ideas?

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the problem is that usually the minimum legal fee for the succesful prosecution of a civil tort case involving patent/copyright infrigement is something like $100,000 (US dollars); somebody like, I don't know MS or Cisco probably spends that much on coffee filters every month whereas it would probably take me 10 years to save that much money

Posted by: Jason on February 10, 2003 07:45 PM

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