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posted by
martyb
on Friday November 09 2018, @03:31PM
from the startups-want-what-is-behind-door-number-3 dept.
from the startups-want-what-is-behind-door-number-3 dept.
Bloomberg has an article about how big tech sets up a ‘Kill Zone’ for industry start ups. They do it three ways, either alone or in combination. One is by spotting and copying novel ideas and then beating the startups to market though massive investments. Another is to hire up the best engineers and developers, starving the industry for talent. A third is by just plain buying the startups out, either to run with the product or to set it on ice. Regardless, the net effect appears to be detriment of innovation (however that may be measured). There aren't any clear solutions to the situation yet.
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The ‘Kill Zone’ for Industry Upstarts
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(Score: 4, Insightful) by DannyB on Friday November 09 2018, @05:35PM (1 child)
Free use of patents might be a hard sell. But dramatically shorter patent lifetimes might work.
It should be clear even to the non technical people at this point that almost everything is built on everything that comes before it. Longer patent life simply means slower pace of being able to build upon the past.
The lower I set my standards the more accomplishments I have.
(Score: 4, Insightful) by legont on Friday November 09 2018, @05:53PM
Can a kid write a piece of software in his basement and become a billionaire without selling out? No, it is not possible; period.
Hence the innovation - the real one - is done and gone. The reason, obviously, is that he'd have to violate patents. If we want innovation, he has to be let free.
"Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.