3 ms·
Is this just saying that Intellectual Property (IP) protections stifle economic growth, but with more steps? I think it's pretty well understood that IP protec
by Apes 6y ago
Is this just saying that Intellectual Property (IP) protections stifle economic growth, but with more steps?
I think it's pretty well understood that IP protection helps innovation to a point, but if you go to far it actually stifles growth and innovation more than not having any protection at all. If you have a ridiculous system of IP laws that allows pharmaceutical companies to avoid ever releasing anything into the public domain, you're going to also need an army of lawyers to enforce your draconian laws.
- chki 6y agoThe number of IP lawyers is a very small fraction of the total number of lawyers.