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"Patents were (narrowly) created to _encourage_ the spread of knowledge" That may have been the language used, but it didn't reflect the reality even of that t
by cturner 7y ago
"Patents were (narrowly) created to _encourage_ the spread of knowledge"
That may have been the language used, but it didn't reflect the reality even of that time.
James Watt had a mate in Westminster, and patents were a novel mechanism for him to stymie competition. It stalled the pace of engine advancement for a couple of decades.
This is described in some detail in an early chapter of /Against Intellectual Monopoly/ (Boldrin/Levine, 2010).