SlashNOT

Matthew writes: IBM has “A method and means for the protection of Intellectual Property through exclusive license by a governing authority based on primacy of registration”. According to IBM, this novel approach stipulates the creation of a government agency which would record the application of protection for an invention by individuals (corporate entities could only be assigned rights). Once an application of protection has been registered, anyone wishing to create the same or substantially similar device or process would have to license the right from the inventor for a period of seventeen years. Using the system would require a licensing fee paid to IBM in the sum of per application.

Can’t say I like the licensing fee, but it’s great that this protects individuals against corporations. Has anyone heard of any similar efforts???