Why Silicon Valley Thinks the Patent System is Broken

Nathan Myhrvold, one of the co-founders of Intellectual Ventures in an interview with Charlie Rose says: "In mature industries, patents have been around a long time. Take the drug industry. Every drug company relies on patents...And occasionally, those drug companies will fight over patents, because they think one other drug infringes another drug. No one in that process ever thinks the patent system is broken they just think it is part of the game."