It looks like Apple just suffered an important legal defeat to Samsung in its battle over patents. The interesting point of this article is that because of these patent wars, technology companies are divesting large amounts of resources to defend themselves rather than advancing their innovations.
In 2014, Samsung paid Apple $119.6 million in damages for infringing on three Apple patents.
Vivek Wadhwa explains that patent litigation rarely does the world any good. Indeed lawsuits like this would be fatal to any startup to be.
The key of the new ruling is that it may stop tech patent wars. It may allow innovation to thrive and young companies to build on each other's ideas, and constantly reinvent themselves.
If reason prevails, this ruling will stop the smartphone patent wars. What is best for innovation is a thriving ecosystem in which companies build on each other's ideas and constantly reinvent themselves -- instead of trying to slow each other down in the courts. It is bad enough when big companies with deep pockets battle each other, but for young companies, lawsuits can be fatal. Fledgling innovators have to live in constant fear of a big player or patent troll pulling out a big gun and bankrupting them. For startups, this is a greater concern than someone stealing their ideas.