Like if someone invents a product or machine or something, they pay money to get a patent to the patent office of the United States, but then where does that money go? There’s got to be trillions of dollars that has been collected if every product for sale is patented right?
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It’s rare for an individual products to be patented.
For example, take the laptop in front of me. That laptop will have all sorts of patented technology in it. The bluetooth I’m sure is patented, USB and HDMI might well be, and there will be patents relating to the processor, screen, motherboard, etc..
But none of those patents will be unique to this particular laptop. They’ll all – like bluetooth – be technologies used across many different products.
In terms of numbers, it looks like there are about 300-350,000 patents filed in the US annual, and filing them costs about $500-1000 in revenue. So that’s somewhere between $150-350 in revenue annually. And the system itself will cost money to run – doing the admin, making sure patents are legitimate, etc..
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