Linked by Thom Holwerda on Mon 8th Oct 2012 09:24 UTC
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RE[3]: Can anyone justify such a system ?
by kwanbis on Mon 8th Oct 2012 16:31
in reply to "RE[2]: Can anyone justify such a system ?"
RE[4]: Can anyone justify such a system ?
by Adurbe on Mon 8th Oct 2012 19:27
in reply to "RE[3]: Can anyone justify such a system ?"
Patents worked in the vacuum cleaner industry.
James Dyson patented his cyclone vacuum design (which apparently went through 5,127 prototype designs between 1979 and 1984). As a startup he went to all the big names in the industry to license the design, including Hoover, who turned him down.
As soon as his invention caught on (early 1990s), Hoover copied it and undercut Dyson's prices. He sued Hoover for the infringement and won.
The patents he took out protected his investment of time and money from a big/established corporation/brand simply muscling their way in and stealing his ideas.
Innovation hasn't stopped as a result though. Almost all manufactures now have an equivalent technology on sale.





Member since:
2007-09-22
Only if you add: in this particular industry.
I'm sure there are industries or even parts of this particular industry where it is still useful.
But in this case it obviously does not work.