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It's more of an optimisation problem. You want inventors to invent a lot of things, so you give them patents. But if you give them too long a patent, they will
by antome 11y ago
It's more of an optimisation problem. You want inventors to invent a lot of things, so you give them patents. But if you give them too long a patent, they will just invent a few things, then sit on the IP.
Nowadays, there should really be ~5 year hardware patents, and ~1 year software patents, which mostly reflects the time-to-market after invention.
- em3rgent0rdr 11y agoThe optimization should be ~0 year hardware patents, and ~0 year software patents. All the patents will do is slow down market deployment and innovation.