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Against Monopoly

defending the right to innovate

Monopoly corrupts. Absolute monopoly corrupts absolutely.





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250000 Patents for Smartphone Technology

John Bennett says this needs to be shouted from the rooftop.

There Are 250,000 Active Patents That Impact Smartphones; Representing One In Six Active Patents Today

I agree.


Comments

I have seen several analysts who believe that the number of patents in this area indicate that our economy is too narrowly focused on a limited number of products. When 1/6 of all patents are focused on consumer electronics, you have to wonder about the other sectors of the economy.

It is marvelous that we have the massive innovation in electronics. Prices are not dropping, they are plummeting, and competition is burning hot. Perhaps one day all that innovation can be aimed at something that improves productivity.

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