Thursday, October 28, 2010

The Sewing Machine Patent War

A WSJ blog highlights a law review article on the patent wars in the area of sewing machines:

The Sewing Machine War ended with a just and lasting peace in 1856, when Orlando B. Potter–a lawyer representing one of the plaintiffs–suggested a solution that Mossoff calls “groundbreaking but also breathtakingly simple”: The patent-holders would combine their patents in a “patent pool” and share the profits from selling the machines.

See previous IPBiz posts

Patent pools don't encourage innovation
[quoted text therein: Specifically, we find that pool members patent less while the pool is active. This result may reflect a benefit of pooling: To the extent that a pool reduces the risk of
litigation it also eases the need for strategic patents. ]


Post a Comment

<< Home