I wonder what Lemelson would have thought about Lodsys and Intellectual Ventures.
"You cannot develop a reputation for somebody who gives up. You have to be known as a fighter for your rights. Otherwise, you'll never license anything...Even Thomas Edison had a tough time supporting and protecting his patents. He spent about $1.4 million [to defend his inventions], and this was around the turn of the century, when beer was a nickel."
-Jerome H. Lemelson (1923-1997)
Arguably the most successful inventor (in terms of revenue from patents) ever. His legacy is the Lemelson-MIT Award for Invention and Innovation [2]
"You cannot develop a reputation for somebody who gives up. You have to be known as a fighter for your rights. Otherwise, you'll never license anything...Even Thomas Edison had a tough time supporting and protecting his patents. He spent about $1.4 million [to defend his inventions], and this was around the turn of the century, when beer was a nickel."
-Jerome H. Lemelson (1923-1997)
Arguably the most successful inventor (in terms of revenue from patents) ever. His legacy is the Lemelson-MIT Award for Invention and Innovation [2]
[1] http://en.wikipedia.org/wiki/Jerome_H._Lemelson
[2] http://web.mit.edu/invent/a-main.html