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Not sure why this comment was downvoted. I feel similarly about IP reform, and would love to see more discussion around how we can reward innovators appropriate
by notduncansmith 10y ago
Not sure why this comment was downvoted. I feel similarly about IP reform, and would love to see more discussion around how we can reward innovators appropriately for inventing things without artificially limiting the production of those inventions (via patent trolling, royalty fees, or any other mechanism).
If the issue is that inventors want to get compensated for their inventions (to a degree commensurate with their value), but we don't want to limit what the market can produce, then maybe we could imagine an IP-buying group that paid a fair price to inventors and then made the IP available for general use among the financial backers of said group. One could imagine this as a governmental function (distributing purchased IP among taxpayers) or a corporation (s/taxpayers/shareholders), and it appears to me[0] either one could fit within the framework of existing IP law.
[0] I am not a lawyer and have no idea if this is true.