This new process of invalidating patents, lobbied heavily for by the established technology companies, has been killing off patents at an extraordinary rate – with the PTAB revoking 84% of the 3,000+ patents they have reviewed.
Instead of following their Constitutional mandate to secure exclusive rights to inventors, our elected officials were securing the ability for established multi-national companies to crush independent innovation; innovation which occurred outside the well-funded research and development departments of the conglomerates.
It’s a far cry from the year 1921 when a 14-year-old farm boy thought up the idea of “electronic television” while plowing the horizontal lines out in a field. This boy, Philo Farnsworth, conceptualized the idea that an electronic image could be built up line by line. His young-adult life was spent painstakingly proving out that theory in the Green Street labs in San Francisco.
When it came time to protect Philo from the massive companies of the time (manufacturers of radios who had been out-innovated by Philo) the courts and the law protected Philo through the rights granted by his patents.
Now, in 2021, Congress is wringing its collective hands over, “how do we regulate ‘Big Tech’ monopolies?”
It doesn’t take much to connect the logical dots that when you give these companies the ability to crush the little guy with the deceptively named “America Invents Act” that these companies become all the more powerful.
Can Congress reinvigorate its responsibility to promote progress by securing exclusive rights to inventors for their discoveries?
I hope so. I’m anxious to ask the next elected official I meet.