3 ms·
Doesn't matter. The economy should ultimately favor the buyer, not the seller.
by kakarot 8y ago
Doesn't matter. The economy should ultimately favor the buyer, not the seller.
- jfim 8y agoI disagree. The whole point of IP laws is that they provide a monetary incentive to innovate. If someone decides to take some time off to invent a new device and incur a financial risk to bring it to market, they should have the opportunity to profit from it. If new inventions are cloned within weeks in Asia and undercut the original inventor, where's the incentive to take risks on novel inventions? If the invention was trivial, why didn't the Chinese manufacturers come up with it in the first place?
- thatcat 8y agoWhy are you assuming that kickstarter projects would have any IP? It seems that a very low percentage of kickstarter projects would own IP on their devices considering the amount of time and cost involved in just applying for a patent. If no one owns a patent that covers the design then manufacturing a bunch of "copies" for a much lower price isn't illegal. It makes sense that kickstarter would be targeted as a source of not patented ideas to use.
- loceng 8y ago"The whole point of IP laws is that they provide a monetary incentive to innovate." Likewise, then the innovator has more money/resources to continue. A good example of this leading to exponentially growing success and greater scale innovations of inventors/entrepreneurs re-cycling their profits is Elon Musk's path.