You are confirming the core of what I posted, which is:RockinRocket wrote:Well I can tell right now that is false. I watch a lot of Shark Tank. Lots of companies win lawsuits for patent infringement. What about that 15 million dollar Nintendo 3d stereoscopic 3D lawsuit?
and it still holds true.All a patent does is give you the right to sue someone in
a civil action.
If you (or I) infringe a Nintendo Patent, they will *destroy* you/us because they can spend 1000X in Lawyers what any of us can afford.
Now if the exact same Patent is awarded to you and they infringe it, they will still destroy you
So what seems to be the determining factor?because they can spend 1000X in Lawyers what you can afford.
a) a Patent in your name
b) an army of Lawyers and heavy Economic power
pick one
That said, rather than going by a TV show, if you are interested read Don Lancaster's full article on Patents, very interesting.
As a practical example, I can mention a case where a private individual did win in Court against a monster Corporation: Engineer Robert Kearns, the inventor of the intermittent windshield wiper .
Newspaper headlines and TV shows would just state:
because it's a wonderful attention getter news ... and is true.Kearns received approximately US$ 30 million in compensation for Chrysler's patent infringement.
So far so good, but the full text is:
sort of confirming that rather than the Patent itself, heavyweight Legal power and deep pockets are the keyKearns mostly acted as his own attorney in the subsequent suit against Chrysler, even questioning witnesses on the stand. The Chrysler verdict was decided in 1992, and was a victory for Kearns. Chrysler was ordered to pay Kearns US$18.7 million with interest.[7] Chrysler appealed the court decision, but the Federal Circuit let the judgment stand.[8] The Supreme Court declined to hear the case.[9] By 1995, after spending over US$ 10 million in legal fees,[10] Kearns received approximately US$ 30 million in compensation for Chrysler's patent infringement.[7]
10 Million Dollars in advance, before the Judge sentence !!!! Wow !!!!!
Wonder if the average Inventor can engage in such battles.
To boot, he was no average Joe in the street either, he had been
and I bet he knew a couple important guys here and there.member of the Office of Strategic Services, the forerunner of the U.S. CIA, during World War II.
That would sure help