Permission. Patents. Problems…

http://www.newyorker.com/talk/financial/2008/08/11/080811ta_talk_surowiecki

We’re all familiar with the cel phone containing hardware and software controlled by thirty different patent owners.  This New Yorker article provides an intelligent overview and describes how the US aviation industry would probably have never evolved if the government had not stepped in to create patent pools.  But as Surowiecki points out: “When something you own is necessary to the success of a venture…you’ll tend to ask for an amount close to the full value of the venture”.

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