Actually, “Promoting Innovation” And “Profiting Off The Backs Of Creators” Are Not The Same Thing

Patents are big news these days, and sometimes the day is not complete without a column from a tech magazine, or an op-ed by some corporate mouthpiece about how our patent system is malfunctioning and not performing its goal of “promoting innovation.”  As evidence of this supposed lack of innovation promotion, these inane articles nearly uniformly point to patent lawsuits, or, for authors wholly incapable of rational thought, to a claimed escalation in patent lawsuits. Indeed, mainstream pieces, like Intellectual Ventures VP Ken Lustig’s Forbes article, No, the Patent System Is Not Broken, that set the record straight on the facts and policy greatly contributes to the debate, but are few and far between.