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The report is a few weeks old, but I understand that the relevant legislation is still pending and may move after the current budget fight simmers down.

The siphoning off of PTO funds is a little-noticed but serious tax on innovation and job creation.

1 posted on 04/22/2011 6:39:36 AM PDT by technonerd
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To: technonerd

Erratum: Eric Savitz was the editor of this Forbes subsection; the author of the article is Paul Ryan (CEO of Acacia Research, not the Congressman).


2 posted on 04/22/2011 6:51:06 AM PDT by technonerd
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To: technonerd

Yep, they aught to keep the fees and hire a few more people that can sort out frivolous software patents.


3 posted on 04/22/2011 6:52:33 AM PDT by glorgau
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To: technonerd

The siphoning off of PTO funds is a little-noticed but serious tax on innovation and job creation.


Seriously.


6 posted on 04/22/2011 8:24:04 AM PDT by Atlas Sneezed ("If you touch my junk, I'm gonna have you arrested.")
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To: technonerd

If congresscritters want to do something useful about patents, they can get rid of the “business process” patents that gotten so out of control over the past couple of decades. That would go far towards clearing out that backlog of useless drivel.


7 posted on 04/22/2011 12:43:30 PM PDT by zeugma (The only thing in the social security trust fund is your children and grandchildren's sweat.)
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