Intellectual Blackmail

by on June 8, 2007 · 6 comments

MikeT is right, this makes me foam at the mouth. Or at least it would if I were sure it wasn’t a parody. I mean, if their business model works, the patent system is obviously broken, right?

1. You submit vulnerabilities you have discovered, without telling anyone else.

2. If we accept them, we work together to develop a fix.

3. We develop intellectual property relating to the fix, and license or enforce it

4. You share in the profits

In particular:

We actively market the IP. Depending on the situation, potential customers may include: the vendor, security providers such as suppliers of intrusion prevention technologies, and competitors of the vendor

We encourage the customers to seek a licence and apply our solution.

We intend to enforce our IP rights if necessary.

Wow. This company would have customers the way the mafia has customers. I sincerely hope this is an elaborate joke rather than a cynical abuse of the patent system.

  • Snorre

    Hahahah. I think it’s pretty funny either way. I can see Noel Le and the other guys chiming in on how this is a totally appropriate application of IP, how it will foster innovation and profits for everybody.

  • Snorre

    Hahahah. I think it’s pretty funny either way. I can see Noel Le and the other guys chiming in on how this is a totally appropriate application of IP, how it will foster innovation and profits for everybody.

  • http://enigmafoundry.wordpress.com/ enigma_foundry

    In a very similar vein, here is another business plan, that of Monsanto, described by Drew Endy, a scientist at MIT:

    Step 1, design genetically modified organism, release into the environment for uncontrolled distribution,

    And Step 2, collect royalties and profits..

    “So that’s actually really messed up.”

    Podcast:

    http://www.itconversations.com/shows/detail663.html

  • http://enigmafoundry.wordpress.com eee_eff

    In a very similar vein, here is another business plan, that of Monsanto, described by Drew Endy, a scientist at MIT:

    Step 1, design genetically modified organism, release into the environment for uncontrolled distribution,

    And Step 2, collect royalties and profits..

    “So that’s actually really messed up.”

    Podcast:

    http://www.itconversations.com/shows/detail663….

  • http://learningpc4beginners.com just me

    Our Patent system is messed up. It needs to be revamped. These type of Patents, are just a few of the many patents that were allowed through. There are many others that are just as bad, if not worse.

  • http://learningpc4beginners.com just me

    Our Patent system is messed up. It needs to be revamped. These type of Patents, are just a few of the many patents that were allowed through. There are many others that are just as bad, if not worse.

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