Hello Mr. [Jerry the Geek],
I understand the personal interest issue. That is why I offered a royalty free license to the technology, to the firearms industry (that manufacture in the US). Remember, we import more than 50% of the firearms purchased in the US. I figured I would give a leg up to US manufacturers who employ people.
Another point many people don't fully understand is that licensing of patents is based on the scope of what the technology does. In this case, all that could be justified is a trivially small value. The patent is not something that adds value to the operation of the firearm; it is a simple tool for forensic use.
The tendency of people is to think people who have patents can become Billionaires just because they have a patent. You need to look at what the patent is really about and how it impacts the value of the product. In the semiconductor and microelectronic industry it is easy to justify a good royalty because you impact performance in commercial goods. But, even then it is based on volumes and the impact of the technology to the products and the market.
However this doesn't matter I have agreed to give a free license to use the technology in support of the legislation. I am sure you are aware, only about ~900,000 pistols are manufactured each year for the US market. Many of those are law enforcement or military. Civilian markets, which the technology is targeting is very small in comparison.
But, I also want to make a point. We all have a constitutional right to have a patent, as championed by one of our greatest founding fathers, Benjamin Franklin. In Article I, section 8, the U.S. Constitution:
The importance of granting monopolies for new inventions has been recognized in the United States since the adoption of the U.S. Constitution.
"Congress shall have power . . . To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries."
What I find amusing is that the government through legislation offers everyone, including the firearms industry, a monopoly on their designs and inventions.
However, the industry is stating that it is unfair, even though it is a Constitutional right granted to all of us and is a legislative sole source monopoly right granted by the Constitution. Remember the right is short term, less than 15 years, by the time most technology is ready for the market. My first patent on the technology issued in 2000/2001. That was seven years ago.
Just my thoughts. Look forward to future discussions.
Best regards,
Todd
Co-Inventor of Microstamping
Microstamping Technology Center
C/O Pivotal Development LLC
4 Delta Drive, Suite 6A
Londonderry, NH 03053
Ph: 203-304-2452
Fx: 603-421-0214
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