4 ms·
That stuck out to me as well, but it makes sense as an incentive for companies to create better products. Why pour money into R&D to develop new products if you
by ryeights 6y ago
That stuck out to me as well, but it makes sense as an incentive for companies to create better products. Why pour money into R&D to develop new products if you're restricted to charging existing prices? Might as well just develop the existing product and save on the R&D costs.
- freepor 6y agoBounties are a good way to solve this. Invent a new therapy? The government buys your patent for a sum proportional to the value created (not to the dollars invested) and releases it to the public domain.