Today Lt.Gov. Gavin Newsom released a report titled "AN ECONOMIC GROWTH AND COMPETITIVENESS AGENDA FOR CALIFORNIA." In it he outlines a plan that will get rid of redundant regulations and other obstacles for new business.
I liked the idea, but looking at the actual report I was stunned by the 6th page. He is using the huge amount of patents as an example of the innovation in our state. I'm willing to bet that most of those patents are practical duplicates of another. There is a huge problem with patents at the moment. Most concern software and programming. None of them actually have code attached to them. If he thinks those patents can create more jobs if we lessen regulations he is dead wrong. Those patents were filed for the sole reason of making money through litigation. Shell companies have been set up just so they can milk startups with bogus patent lawsuits. Nothing in his report mentions the number of fraudulent patents being filed today.
Queer in the San Fernando Valley
- ▼ 2011 (14)