Yes I agree, that they are "considered" a product, but in reality they are a constitution allowed exception and as such should only be allowed to change their status to a product after the necessary votes and a change of that constitution.
I reckon use it or loose it. If you have a patent and you aren't actively involved in bringing a product to market then make it public domain. The US constitution clearly states that that monopolies are illegal and that the exception is copyright and patents for a time to reward inventors/writers for bringing added value to the public. So use it or loose it is well within that mantra.
Some interesting points all around! I hate the idea that good/great IP is sitting idle instead of being used; at the same time I would not want my IP being stolen and used for profit. Perhaps, it is just the first series of shots over the bow to encourage users to settle on royalties and usage fees? Not knowing anything about the patent involved or the devices "infringing" it is hard to say what if any validity there might be.
Companies like Mosaid make considerable investments in order to develop/acquire patents. At the same time, the laws ought to favor companies that use IP to actually develop product and enhance people’s lives.
One of the points made in this kind of litigation is that the “public would be best served by an injunction”. But I don’t see that; since Mosaid doesn’t offer products, enjoining Freescale, Nvidia, Interphase will result in the public not being served at all.
Patents shouldn’t be an end by itself; they should be a step in the journey to product.
Just a moment here. This is a Intellectual Property + R&D Company. This is a well capitalized company, financially stable with cash-on hand. A lot of effort goes into creating patent-worthy material and I don't think such a business model ought to be called bottom-feeders.
Another patent case for the court in Tyler, Texas -- the patent lawsuit capital of the world.
In all the discussions about patent law reform, has anyone brought up this issue of venue and jurisdiction? There are very particular reasons why plaintiff's attorneys love Tyler, Texas. Nevermind whether the parties to the lawsuit have any meaningful presence there.