Video Transcript
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hey there it’s Gary Schuster with Innovation Cafe and today I want to talk about efficient infringement what efficient infringement is is when a company decides it would be cheaper to infringe on a patent than it would be to pay the licensing fee now often this is because they look at the Inventor and they go as a small inventor they can’t afford to litigate even if we get caught in fringing we’re not going to have to pay much in terms of a licensing fee because they can’t afford lawyers to bring the lawsuit so they go ahead and infringe taking the risk that they be caught knowing that they’ll still probably come out ahead financially when compared to Simply licensing it that raises all kinds of ethical issues um serious ethical issues and it does bring into question the inviability of the entire patent system if the system is designed in such a way that it is so slanted in favor of big companies that big companies can knowingly infringe and make money doing it that’s a problem signing off from Innovation Cafe