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Does this plan make sense? v2
(lemmy.world)
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this post was submitted on 07 Mar 2024
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I love dreaming up patent law reforms. I think my favorite so far is related to the purchase of patents.
When a corporation purchases a patent, they are put on a 5 year clock to bring a product to market which materially includes the content of the purchased patent. After 4 years they are able to appeal for an extension by showing demonstrable towards market, but only twice (so they have 15 years total). If they do not bring a product to market, or are not able to satisfy the extension criteria, the patent reverts to the original creator without refund.
No... More... Burying... Innovation... That... Threatens... Your... Profits.