Linked by Thom Holwerda on Thu 4th Aug 2011 21:38 UTC
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Member since:
2007-01-13
I would assign patent life purely on the basis of the effort and cost of creation and the time needed to recover costs.
I would also allow inventors to register "open patents" with an online database at no cost to encourage innovation. The inventor would get personal credit but no royalties. The primary goal would simply be to prevent anyone else from patenting the idea.
In the past I've anticipated several relatively simple applied chemistry/biochemistry processes that have subsequently been patented by others. I never bothered because the cost of further developing the ideas and patenting was totally prohibitive.