Then and Now

by on March 8, 2007

Brad Smith, Microsoft general counsel, 2007: “Protection for software patents and other intellectual property is essential to maintaining the incentives that encourage and underwrite technological breakthroughs. In every industry, patents provide the legal foundation for innovation. The ensuing legal disputes may be messy, but protection is no less necessary, even so.”

Bill Gates, Microsoft CEO, 1991: “If people had understood how patents would be granted when most of today’s ideas were invented and had taken out patents, the industry would be at a complete standstill today…A future start-up with no patents of its own will be forced to pay whatever price the giants choose to impose.”

It sure would be unfortunate if the giants were able to use software patents to squelch start-ups.

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