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Stories Stories Business 'Patents are good!' say seven big companies

'Patents are good!' say seven big companies

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Written by melody     April 22, 2014    
 
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In a gesture that is most remarkable for the fact that someone thought it necessary at all, a diverse group of seven major corporations joined forces this morning to say little more than, basically: Patents are good.

The group, which calls itself the Partnership for American Innovation, hopes to stem what their members see as overblown negativity and hostility toward the patent system in the media, Congress, and the courts.

Partnership for American Innovation

The group's charter members are Apple (AAPL), DuPont (DD), Ford (F), General Electric (GE), IBM (IBM), Microsoft (MSFT), and Pfizer (PFE), and its "senior advisor" is Dave Kappos, the former director of the U.S. Patent and Trademark Office, who is now a partner with the law firm of Cravath, Swaine & Moore. The group expects additional members to be enlisting in the days ahead, according to a spokesperson.

"We must move beyond rhetoric that 'the system is broken and trolls are bringing businesses to a complete halt,'" Kappos says in a press release, "to a discussion of calibrated improvements for what is actually the best patent system our planet has."

[Read Full Article: 'Patents are good!' say seven big companies]

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600 Dulany St Alexandria, VA, Estados Unidos

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Author
Roger Parloff
Contributor's Comment
Apple, DuPont, Ford, GE, IBM, Microsoft, and Pfizer joined forces today to endorse the basic soundness of our patent system.
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