Linked by Thom Holwerda on Thu 7th Jun 2012 21:23 UTC
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Member since:
2005-07-06
Maybe not incompetent... they were directed - a little less than a decade ago by the then-current US administration, IIRC - to make a profit as an institution (instead of, as is sane for public institutions, to make a "loss" by itself but to bring societal benefits which more than outweigh institutional costs). So of course they'll going to grant tons of frivolous patents, that's the only way for them to be profitable.
Don't count on it too much. It's a place already with tons of myths about their "exceptionalism" which don't quite measure up to reality, the "land of opportunity" with its "American dream" ...while, in actual measure of this stuff (social mobility), the US is at the bottom of developed countries (some of the countries popularly derided in the US, so called "nanny states", are at the top BTW).
A place of http://web.mit.edu/krugman/www/ratrace.html myths - seems they sort of value "few super-patent-laden monopolies" ...which give conditions where people can dream that they will be one of the few who end up on top.