Xconomy: Ruling to Block “Business Method” Patents May Spur Innovation, Say Entrepreneurs and
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Started by: zoobabzoobab
Date: 06 Nov 2008 13:31
Number of posts: 1
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Summary:
So how will this ruling impact software innovation, particularly for startups and investors? The news has caused quite a stir in the Seattle tech community (and elsewhere), with some entrepreneurs worrying about their ability to protect their fledgling intellectual property. Meanwhile, some venture capitalists view the ruling in a positive light, as protection against “patent trolls” that acquire business method patents and then sue software startups for infringement. As Fred Wilson of New York-based Union Square Ventures puts it in a blog post, “It’s a huge tax on the startup/technology ecosystem and it’s hurting innovation.”
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