Happy New Year with Dilbert. The Innovative Engineer, Hobbyist or the rather unusual Impulsive Inventor … Must beware of the overgrown Idea Squirrels and Gophers. The strange things that happen these days, even Multi-billionaires become Idea Hedgehogs, they try to grab innovation of many people by obscure and vague blanket patents.
The patent laws have to be improved in such a way that…. patents are valid only for specific designs and process; the detailed drawings and prototypes provided to the patent office for the working idea within a year of granting a patent. The details can be confidential, the abstract can be public. Many patents have curbed innovation and blocked the real working products reaching the consumers.
The Millionaires and Billionaires now have an opportunity to give back to society, in a more genuine and realistic way. Create small business in your region, provide employment and even make a profit. Even Executives who have made many millions in the industry holding good positions, should move out of their jobs and become entrepreneurs. Keep aside a chunk for your happy retirement, the rest can be used to create a new business.
The top positions that have now turn vacant, fill it by promoting capable and diligent employees/managers who have long been committed to the firm. Outsiders for CEO and VP positions are not a neat working idea, unless they have a great degree of honesty, integrity and commitment. The shareholders themselves lose, because of their insatiable greed.