Nokia Makes Unused Patents Available to All
5:52 PM Edited by Blony
Dubbed the Nokia Technopolis Innovation Mill, it's a partnership with Technopolis, a European chain of office parks, Tekes, a Finnish tech funding agency, and several Finnish cities and towns. As the press release explains, it's all part of an effort to pump activity into the Finnish economy at large; Nokia acknowledges that promising ideas might ultimately blossom if pursued by smaller, more focused firms. To support that effort, 8 million euros in venture funding will pour in; 4.5 million of that will be publicly provided.
Would something like this ever work in the U.S., where patents have often become a way of squatting on an idea hoping for a payout when someone else pursues it? Would any company be so apparently altruistic?
Via PSFK
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