Eric Schmidt: We bought Motorola for more than patents
Besides raving about the engineers that developed the RAZR, Schmidt had some not so kind words about the state of the U.S. patent system which he said is in need of an overhaul. His solution? Take patents as they are published and crowdsource them. He adds that the best way to deal with these patent battles is to publish patents publicly and then let the public comment to see if there is any prior art. Of course, as Schmidt pointed out, this is illegal. He also added that legislature in the Senate that he hopes will pass this year, will provide more funds for the patent office and also allow them to kick out bogus patents faster than they get rejected at present.
source: BGR, TechCrunch