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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 249.89+3.1%Nov 26 3:59 PM EST

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To: etchmeister who wrote (24798)12/16/2010 3:26:09 PM
From: Sun Tzu  Read Replies (2) of 25522
 
>> As long as you don't violate IP.

First, there is no IP that relates to knowledge you have gained regarding how to run a business.

Second, and more importantly, IP rights are legal construct and are valid only within their legal jurisdictions. For example, the fact that you described your patent to US PTO before you were granted the patent, makes your invention not patentable in Europe. The law in Europe says that you cannot patent what is known to the public and US patent proceedings are a matter of public record. If you are unhappy with this, then you should file for patent in Europe first (there are also other legal means).

The point is, that US law is not the universal law. Neither is Chinese law or any other country's law for that matter.

ST

PS Try this mental exercise: If Greece, Iran, India, China, etc were to recognize copyright and patents on ancient scientific "intellectual properties" with life time of 3000 year, should US pay royalty for modern inventions to those countries?

PPS Even in US, many people refer to IP as "imaginary property"
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