Comment Re:I hope Bilski invalidates them all (Score 3, Insightful) 294
Universities and government labs are the main hosts, and that's ok
Bull. Sure those institution work great for general scientific research, but when it comes to applying the science, private companies that profit from the result are the way to go.
Now, what happens when I spend 10 years and thousands of dollars tinkering in my basement to build a next-gen Thingy, and then, since patents don't exist, two weeks after I release my product to the market, company X with billions of dollars at it's disposal come out with an identical copy and a far superior marketing strategy? Well, I don't recoup my costs (not even close) and company X makes all the money. Would company X have developed this technology? No. Will I ever do it again? No. Will a university develop this? No, they have no interest.
Yes, the patent system is broken. Is the solution to completely abolish it? Hell no.