Jelsoft
July 24th, 2003, 08:34 AM
I came across this article (http://www.globetechnology.com/servlet/story/RTGAM.20030723.gtkapica0723/BNStory/Technology/) about the increasing litigation in the tech industry.
Resorting to legal strategies is precisely the opposite of what can get the industry going. Legal knives eviscerate not only the litigants, but also everyone else. A decision may profit the winner; in the long term it will cramp the ambitions of other companies which, fearing another suit, start hedging their bets.
Again, it's not a matter of right or wrong. It's just that an industry can't revive itself in a deep freeze produced by litigation.
Ultimately, lawsuits are not industry drivers; they're the brakes.
Resorting to legal strategies is precisely the opposite of what can get the industry going. Legal knives eviscerate not only the litigants, but also everyone else. A decision may profit the winner; in the long term it will cramp the ambitions of other companies which, fearing another suit, start hedging their bets.
Again, it's not a matter of right or wrong. It's just that an industry can't revive itself in a deep freeze produced by litigation.
Ultimately, lawsuits are not industry drivers; they're the brakes.