Patent applications are too expensive for poor or young and poor, and seniors living on marginal incomes to afford. One may synthetically originate a novel concept for some item that could be patented and brought to market yet the cost is prohibitive. Potential inventions are thus suppressed or given away via publication on social media, books or wherever in the hope that some foreign entrepreneur will create the product, manufacture it for nothing in China and send it to Wal-mart where it can be purchased by the inventor for personal use.
Not only is the cost of patents far beyond the reach of those without a pocketful of large denomination cash, so is the cost of manufacturing that isn’t local. America outsourced so much production that the nation is no longer the center of effort for patenting and manufacturing new products. The poor, the young and seniors can’t afford to just hop on a plane to Beijing, live in the streets and go door to door soliciting manufacturers to produce the invention.
Plainly Democrats should have reduced the cost of a patent packet from several thousand dollars down to a couple of hundred yet of course they had no interest though I wrote about it for years. Elon Musk has a few patents so he might be able to get someone in government to streamline and make affordable the U.S. Patent System again-maybe using A.I, to cut labor cost. It is also possible to redesign the way patents are granted to multi-channels to allow up front some protection for inventors. Ideas could filter in like river channels from different sources to culminate in a new invention if shares are awarded in proportion to contribution.
Invention exclusivity for patents should be reduced to five years so inventions can be fielded quicker. After the exclusivity period is phased out inventors would receive five percent shared from producers of the product. To accelerate economic adaptability new idea need to be utilized faster as generic products- especially in environmentally related products.
Many cities invest million in wastewater treatment plants and pipes when some sort of waterless microwave waste disposal system should be less expensive and save on water use. If patent exclusivity microwave toilets like fuel cell generators for campers might be far more affordable.
