Reading Neil Perkin’s post on failing quickly after a day of working on various patents highlighted the huge gulf between the way we need to work today and the systems our great-great grandfathers put in place. Nearly 30 months after submitting a patent covering some of our mobile advertising technology I’m now having to do some work relating to the application, when it’s being ad-powering sites like metro.mobi for months. That’s daft.

So why bother with patents? Simple - investors use them as evidence of intellectual property ownership. Patent portfolios directly represent company value. And you’d be surprised to find out just how many patents the champions of web time and 2.0 are filing - hundreds of them.

But there must be a better way to achieve this value and protection, especially for smaller companies and inviduals for whom patenting is prohibitively expensive.

So what is Patent 2.0?

This entry was posted on Monday, June 23rd, 2008 at 5:19 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.