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You let the free market decide the price of patents. Each year they are all put up for sale. Highest bid wins and gets the patent, and they can license it to ot
by tryptophan 6y ago
You let the free market decide the price of patents. Each year they are all put up for sale. Highest bid wins and gets the patent, and they can license it to others or keep it for themselves.
1% of patent value is paid each year as compensation for the government protecting the IP.
Similar system could work for copyright property.