Now Stan and I were still working in secret at that time but, because of this development, we had to inform the University of Utah because we thought that they might need to take patent protection.
Sentiment: NEGATIVE
Stan and I funded the first phase of the work ourselves. It was secret.
We were proposing, in a sense, that the rest of the world be made safe for American ideas, as they adopted intellectual property rights that gave patent protection to our very innovative economy.
People equate patents with secrecy, that secrecy is what patents were designed to overcome. That's why the formula for Coca-Cola was never patented. They kept it as a trade secret, and they've outlasted patent laws by 80 years or more.
I always recommend, if you can, to patent or protect whatever your idea is. If you can't, you have to make your best judgment. Sometimes people don't get anywhere because they sit on something, so afraid to reveal it. And yet, in the reverse, sometimes if you expose something too widely, you can risk losing it.
It's not enough for just us to invest in Utah; more and more, we are encouraging businesses around the world to follow suit. We want them to invest in and become part of Utah's future and to allow Utah to invest and become part of theirs.
We think we have solved the mystery of creation. Maybe we should patent the universe and charge everyone royalties for their existence.
Don't let the secret recipe die with the inventor.
U.S. nuclear technology is one of this nation's most valuable secrets, and it should have been protected.
I think you would find almost anyone who stands up for their patent rights has been called a patent troll.
We fixed on No. 4, Queen Street Place, for our City offices, and it was from there that so many of my patented inventions were dated.