CNNMoney.com “Want more jobs? Fix the broken patent system.”

Michael Thomas, June 25, 2010 10:34 AM EST

With regards to creating jobs, our present patent system does nothing except discourage the creation of them. There is a long list of reasons why but some of the largest ones are; inventorship determination methods will not result in the patent being placed in the name of the inventor, also, the totally unlevel playing field with regards to the cost of legislation and the excessively long 10 to 20 year time periods to bring a case to trial resulting in dismal odds of the actual inventor receiving anything for his efforts, then, mix in problems of refusal to deal with independent inventors and the right to steal from employees, and you have the most non-job creating forces on earth. Mr. Obama’s support of the present patent reform legislation is a betrayal of his own commitments to create jobs, and so far, he has not created one job to stimulate the private sector.

Michael Thomas, June 25, 2010 10:56 AM EST

Senator Leahy’s bill shouldn’t be granted floor time. Created by big business for big business by his lobbying supporters, the bill does nothing to create jobs and does everything to discourage them along with the civil rights of inventors. The trash can is the best place for his bill. We note that this article states that inventors can sue for infringements on their intellectual property even if they’ve never filed a patent on them. The only way this should be accomplishable is in the event of new evidence such as invention clusters proving that the true inventor was denied the original patent due to fraudulent theft of the right to file. Also, the so called “First-to-File” system is not a first to file system because they still allow a one year non-filing exemption in the event that an inventor hasn’t decided he wants to file or not. This essentially allows back dating in order to steal the invention instead of determining inventorship by the date of recording at the patent office.

Michael Thomas, June 25, 2010 11:30 AM EST

What is now being described as patent trolling is essentially patent enforcement partnerships due to the grossly unlevel legal playing field caused by the lack of funds for inventors to fight for their rights. The only way for inventors to receive any compensation for their patents is by this process. It is caused by a refusal to deal attitude on the part of businesses that are only willing to steal the patent and use it for free. My patent proposals available for viewing on my website, inventingconsultantcreator.net, are a complete reversal of the innovation retartive proposals of the Leahy Patent Reform Act. The attitudes of the present businesses are “Refusal to Deal”; therefore, without legislation or public funding of new attitude business startups and the correct incentives to produce intellectual properties there still will be little or no job creation through patent reform.