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Then what incentive is there for investment into R&D if it doesn’t give a competitive advantage? Patents are designed to encourage investment by providing a mon
by 74ls00 7y ago
Then what incentive is there for investment into R&D if it doesn’t give a competitive advantage? Patents are designed to encourage investment by providing a monopoly for an exclusive time only - we can debate how long that should be - but the fundamental fact is that without patents innovation slows greatly