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Thread: Patent trolls

  1. #1
    Join Date
    Feb 2004
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    Pacific NW
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    Patent trolls

    Interesting phenomenon, wondered how many others have seen it's effect first hand.

    I have worked for major aerospace company for 54 years. In first 50 year received only 4 patents, had submitted dozens of invention ideas, company owns all patents and they do the legwork, etc. If company applies for patent, 99% probability of patent being granted.

    Now, just in this last year (2020) there were 12 applications with my name. 2019 IIRC 5.

    Pretty much ascribe this to patent trolls, company want to protect all IP with patents vs. trade secret.

    Anyone with similar experiences? NOt complaining, we get a $1000 check for each patent at time it is applied for.

  2. #2
    Join Date
    Feb 2021
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    30
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    The company puts your name on the patent? Its nice you get credit the grand doesn't hurt either.

  3. #3
    Join Date
    Feb 2004
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    New Mexico
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    It might have to do with a patent only good for 14 + 3 years where a Trade Secret might not have a limit like Coke's formula.
    Give me a relay with big enough contacts, and I'll run the world!

    You can be anything you want......As long as you don't suck at it.

    If a person wants to create a machine that will be more likely to fail...Make it complicated.

    USAF 98 Bomb Wing 1960-66 SMW Lu49

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