Linked by Thom Holwerda on Thu 14th Jul 2011 21:16 UTC
Thread beginning with comment 481039
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Member since:
2007-01-13
Patent owners should have a realistic monetary value placed on their patents by the government according to the documented time and cost of development.
A patent for a simple idea (eg a software algorithm) that cost <$100,000 and three months to develop should only be valid for a very short period (2-3 years). However something that cost >$100 million (eg a new pharmaceutical product) should get a much longer patent (15-25 years).
Edited 2011-07-15 10:55 UTC