US companies sell patents
fiction
edward w pritchard
US companies want to sell their patents to raise cash. First it was real estate that US corporations sold to overseas concerns, then whole divisions, now their patent portfolios. As the dollar weakened and other currencies strengthened viv a vis the dollar US corporations began to sell off assets.
Who will be the buyers of these valuable intellectual and physical patents. Will foriegn super powers such as China, using management by objective directed economies and five year plans use their arsenal of cash to buy US patents?
Not to worry, the USA has a plan. We will emphasize math and science to eighth grade students in our junior highs and these budding entrepreneurs will run circles around those from managed economies. Just give them a chance.
Thursday, August 18, 2011
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