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Posted on Bosch Going Up Against Sawstop

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isotope

177 posts in 2684 days


#1 posted 03-16-2015 11:36 PM

The purpose of patents, at least from society’s point of view, is to encourage companies to spend time/money/resources to develop new inventions. The way this is done is by striking a deal; where if you are granted a patent, you can restrict other people from using your invention. Therefore, providing you the opportunity to make money. NO ONE would spend millions of dollars trying to invent something, if the moment they tried to make money, someone could, instead of spending the money to invent something themselves, could just copy the invention and compete with them on the market. The key to all this is that this exclusively has a time limit. As far as I know, patent protection expires after 20 years (in the US). The other important point is that you can sell your patent rights, allowing other people to use your invention, in exchange for money. Usually, in the form of royalties. So, if others wanted to make table saws with brake technology, they could have bought the rights from SS.

Without knowing any of the specifics, I’m going to guess that the SS patents are about to expire and companies are getting ready with their own products.

Edit: I should add that I am also a SS owner and I also hope Bosch develops a new saw. Competition is a good thing. But, I also think SS broke new ground by developing a great safety feature and deserved the right to restrict other people from copying them. Until the patent expires…..


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