Brilliant ideas often lose to crappy ideas because of market incumbents, and even when brilliant ideas win it can take patents and fortunes to do so, Tesla:AC::

Brilliant ideas often lose to crappy ideas because of market incumbents, and even when brilliant ideas win it can take patents and fortunes to do so, Tesla:AC::Edison:DC. IP on its own is more than a crappy or brilliant idea. Take any startup they might have a trademarked name, logo, a domain, or patent...We know the vast majority of startups will fail" and it isn't because they all have crappy Ideas, some might have both crap ideas and valuable IP, but even crappy IP can still be valuable. Alternatively, As I mentioned above Universities have patents but are often unable to bring them to market, isn't it unfair to assume unused University patents are crappy ideas since they aren't competing in the market? I think if the market had easy access to these patents (to buy or license) we would find there is a lot of value in unused IP (both brilliant and crappy) not unlike UBER/AirBNB created found a lot of value in assets being underutilized by owners.