Can patents be beneficial for society?

Generally you may claim that patents may have no good effects on the society at all. Patents are artifical monopolies which you achieve on inventions. The benefits are for the patent holder and for the investor only, usually. Can a patent really be beneficial for the consumer and/or the society?

Our belief is that needs makes us innovate, not the potential for patenting. Sometimes patents are even bad for the investors, if you have been there, you know what I mean..., we want to avoid these scenarios.

However, we have the opinion that certain patents can have a tremendously good effect on the income for the investors and at the same time even be beneficial for the society. We claim that an invention we have made, and applied for a patent on in March 2004 will have good effects on the society and be the uttermost delicate piece for those investors, who understand what we have done. The simple idea behind this invention is that the customer should get what the consumer wants, which may not sound as a completely new and unique idea... However, the implementation of this idea uses advanced data mining techniques in a way which is completely new. From a large set of customers with converging goals we get a specification of what they really want and are prepared to buy at this precise moment.

This is what we call "Wish Innovation Technologies"

Has it ever happened to you that you want to buy something not being manufactured yet?

If you recognize yourself here you should visit Wish Innovation Technologies where we in the future will give you opportunities to participate, depending on if you are a buyer, a seller, a developer or a manufacturer.

Background

Summary