4 comments on “Timmy Elsewhere

  1. Can someone explain patent law to me? If you file the patent do you pay a one off charge or a continual one over it’s lifetime?

    A more “equitable” solution to encouraging Innovation and invention while maintaining a freeish flow of public goods would be to slap an annual charge/tax on a patent directly proportional to the cost of licensing for the use of that idea; the only way you could withhold the use of any patent from another would be to raise the cost of licensing which in turn would raise the yearly tax, keeping both in tune with he inventing side of things and with opening up patents when their initial commerciality expires (at which point the licensing becomes zero as would the cost to hold it).

  2. I hereby dub the above idea “IPVT” for Intellectual Property Value Tax; if an idea is worth something and it’s protection constrains further innovation you should he willing to pay for that privelege.

    I envision it functioning a little like LVT; removing the choke hold on a finite resource to which no one can attribute it’s creation and true ownership (unless your God of course)

  3. Trade mark me, no matter how mad it sounds.

    Tim adds: Sadly, not possible. Dean Baker’s been banging on about this over in the US for years.

  4. “Can someone explain patent law to me? If you file the patent do you pay a one off charge or a continual one over it’s lifetime?”

    A bit of both. A large up-front cost to file the thing, get it examined, pay for translations, file in various jurisdictions, etc.

    There are periodic renewal fees. And a patent only lasts 20 years in any case. Strictly speaking, 20 years from date of filing in most jurisdictions, but 17 years from date of grant in the USA.

Leave a Reply

Name and email are required. Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.