process patents

Mark Cuban: ban software patents

Every week, it seems like at least a few of the tech blogosphere’s top news
stories have something to do with patents. From patent auctions to
patent troll lawsuits that, at worst, threaten to put individual innovators out of
business, it seems that patents have become one of the biggest sources
of headaches in the tech industry.

According to billionaire internet entrepreneur and investor Mark Cuban,
the chaos created by software and process patents has some very big
negative effects
: it’s costing the U.S. economy jobs and spurring a
Patent Arms Race” that will inevitably impact consumer prices. But he’s
proposing a solution: eliminate the process patents that are used to
patent‘ software.