Software Startup? Offshore it

CFO.com adds to our growing list of reasons that software patents are killing innovation and business opportunities in the U.S.:

the United States is nearly alone among global innovators in granting patents to new types of software. Just last year, the European Union rejected a bill that would have allowed software patents; in Asia, Japan is the only major tech power with a software patenting system.

"As it is right now, with software patents being awarded all over the place, it's becoming increasingly unattractive for innovators to set up their businesses here," DeMarco says. "As the number of lawsuits rise, other countries will benefit from our mistake."