SAN FRANCISCO, June 28, 2010 - Patents are deemed by executives at software and internet start-ups as the least important way of boosting competitive advantage, according to a forthcoming survey of more than a thousand companies by the University of California's Berkeley Center for Law and Technology.
The study, due to be published sometime this summer, surveyed chief executive and technology officers of more than 1,300 software, biotech, medical device and computer hardware start-up companies founded in the past decade.
The survey found that executives at the internet and software start-ups valued first-mover advantage much more than patents. Medical device and biotech firms valued patents much more highly and are a top priority for those firms.
"Biotech and medical device start-up companies regard patents as key for attaining competitive advantage from their innovations," said report co-author and Berkeley Law Professor Pamela Samuelson. "Software entrepreneurs, on the other hand, find it's much more critical to move fast in the marketplace and to use copyright and trademark protections. Patents take a back seat."
The finding is significant as lawmakers in Congress continue to struggle along trying to reform the patent system. The effort is stuck because of an impasse between the different industries on how key changes would affect companies in those industries differently.
The authors of the study note that a key finding of the survey is that patents are seen as more of a way to limit competition and to attract investment capital rather than to innovate, which is the key economic assumption powering the patent system.
"The capital formation finding is noteworthy, because it's an aspect of the patent system that has not been systematically established and explored in prior research," said report co-author and Berkeley Law Professor Robert Merges.
The study, "High Technology Entrepreneurs and the Patent System," with these and other findings, is scheduled to be published sometime this summer in the Berkley Technology Law Journal.
- Broadband Roundup: Trump’s Media Bias Panel, Facebook Shops, Virtual Private Networks in Hong Kong
- Senators Introduce Healthcare Broadband Bill as House Companion, Proposes $2 Billion Telehealth Expansion
- Kurt Schaubach: The Top 5 Benefits of Shared Spectrum for Cable Operators
- Slogans About Data Portability on Tech Platforms Don’t Capture Intellectual Property and Interoperability Issues
- Application Deadline of July 15 Announced for $16 Billion Rural Digital Opportunity Fund Auction
Signup for Broadband Breakfast
China4 weeks ago
China Expert Predicts that Nation’s Flawed Coronavirus Response Will Damage the Power of Chinese Communist Party
Broadband Data1 month ago
CenturyLink CTO Boasts Success in Handling Coronavirus-Induced ‘Hot’ Networks, Credits Company’s Fiber Push
Big Tech3 weeks ago
The Rise, Reign, and Self-Repair of Zoom
Net Neutrality1 month ago
Public Interest Groups Blast FCC For Refusal to Extend Public Safety Deadline on Net Neutrality Comments
#broadbandlive4 weeks ago
Broadband Breakfast Live Online on Wednesday, April 29, 2020 – Will the Coronavirus Lead to a Loss of Privacy? Weighing Contact Tracing and Broadband Surveillance
Broadband's Impact1 month ago
Artificial Intelligence Not Very Helpful in Addressing the Coronavirus, Say Experts on Brookings Panel
Rural3 weeks ago
Why the Rural Digital Opportunity Fund is So Significant, and How to Succeed in Applying For RDOF
Fiber3 weeks ago
Fiber Optics Generally a Better Option Than Wireless, Even in Rural Areas, Says Municipal Broadband Advocate