Sunday, September 20, 2009

Patent - Unfair to inventors

When you join a Company / University / Institution as a researcher or a developer, one of the first few papers that you sign will be to give away all your rights to the Company / University / Institution on what you may Invent / Discover during the period you work for the Company!

So Brain Power is enslaved to Money Power!
In order to earn a living most do not have a practical choice but to sign this unfavorable Patent paper that favors the Company!

A reasonable Patent share may be a have 30:30:10:10:10:10 i.e.
30% of the income that comes from a Patent goes to the company
30% goes to all the inventors/discoverers involved
10% goes to Federal Government
10% goes to State Government
10% goes to local (Municipal/County) Government
10% goes to charity as decided by the company and inventors(5% each)

- Suresh

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