Ask HN: Why are patents so cheap?
Compared to the cost of drafting, litigation, etc., the actual filing fee for a patent is a ridiculously small sum of money. If the patent office has the obligation to review a patent with the same attention to detail as the authors themselves, why doesn't it cost tens or hundreds of thousands of dollars to file a patent?
5 comments
[ 4.9 ms ] story [ 15.7 ms ] threadWhile in theory you can write your own (and file for the small fee), in practice your self-authored application won't be awarded a patent and your invention will become free public knowledge.
Nearly all parents are awarded to big companies with massive teams of lawyers. The "little guy" patent is mostly a myth.
It's also true that most of the money that changes hands in patents is in these mass cross-licensing agreements, rather than in individual lawsuits which the patent pools try to prevent.