Comment Re:so apple and samsung should just research it al (Score 1) 131
I'm having trouble linking royalty costs to "stifling innovation" though. Getting paid via royalty payments is a pretty good reason to innovate: invent something, get paid. Increases in the amount people are paying in royalties just increases the incentive to invent something and get paid. In fact, it is doing exactly that. Companies invent stuff, or buy inventions, just to use those inventions as collateral to get access to other inventions. That $120-$150 estimate they put on there is not cash payments, it is $120-$150 of something... such as their own inventions.
Innovation and improved technology isn't just about invention. An improvement in technology is an improvement in the techniques people use to do stuff. A marvellous new thing used by hardly anyone is only a very small innovation. So, if a law limits access to new inventions then the improvement in technology is also limited.
I don't particularly recall that many "Cant afford royalty payments so our product is cancelled" stories.
I suspect that 'new product not developed because its expensive' doesn't attract readers well enough. Besides, just think of how many more people would be using better technology if they could buy a better phone with the same money. Abolish all patents today and there'd be a jump in the technology people use - in the short term.
It all comes back to the core dilemma of intellectual property: the cost of reduced adoption of a new invention vs the cost of it not being financially worthwhile to invent.