Stratasys is losing ground because their massively overpriced ecosystem is getting outclassed by literally everything else in the market. So why improve if you can just sue your competition out of the US market?
Stratasys is losing ground because their massively overpriced ecosystem is getting outclassed by literally everything else in the market. So why improve if you can just sue your competition out of the US market?
It’s not just actually innovative patents that are missing from the patent system (which they are). It has also become so expensive to both file and litigate a patent that only big businesses and patent trolls can afford it.
The median cost to litigate a patent is five removeding million dollars (in 2021). What this means is that if your patented solution isn’t worth at least 2x that amount it is quite simply not worth patenting.
The whole system should be scrapped. It was fundamentally flawed from the start and has demonstrated over and over again that it does not scale. It’s not even worth it to keep pharmaceutical patents (there’s other, better, cheaper ways to come up with new drugs than $100 billion dollar commercial entities ripping us all off and spending half their budgets on marketing).