24 March 2009

Patent Reform

The Patent Reform Act is having some trouble getting passed, and all because of the concern over limiting damages for infringement. After considering this, I would have to say that limiting damages is a bad idea. There are too many companies that could then make and sell infringing devices that would just figure the cost of damages into the cost of the device. Patent infringement would be just another cost of doing business. This is dangerous ground because not only does it allow for the much greater possibility of patent infringement, but those companies that innovate will be less inclined to innovate because they will not be able to protect their invention to the fullest extent. All in all, the Patent Reform Act is not worth the problems.