Timmy ElsewhereDecember 4, 2009 Tim WorstallTimmy Elsewhere4 CommentsAt the Register. On IP and the Manchester Manifesto. previousSo how\’s that State education system coming along then?nextRitchie\’s new report 4 thoughts on “Timmy Elsewhere” Thom December 4, 2009 at 5:22 pm 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). Thom December 4, 2009 at 5:26 pm 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) Thom December 4, 2009 at 5:27 pm 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. Kay Tie December 5, 2009 at 2:19 am “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 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.