5 ms·
The purpose of the patent system is to incentivize people to publish the details of their inventions instead of keeping them secret, thereby advancing the state
by kindall 5y ago
The purpose of the patent system is to incentivize people to publish the details of their inventions instead of keeping them secret, thereby advancing the state of the art. The limited-time monopoly is the incentive.
- yossarian1408 5y agoExcept the limited-time monopoly becomes an until-the-end-of-time monopoly, and has a more toxic effect on innovation and creativity than what would exist in its absence.
- throwaway3699 5y agoPatents expire all the time...
- midasuni 5y agoYou’re thinking of copyright which seems infinite. Patents aren’t
- yossarian1408 5y agoyou're right, my bad