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Ideologically patents are suppose to promote innovation. The original idea and spirit of the law was that for a limited time monopoly you disclose all details o
by GloriousKoji 5y ago
Ideologically patents are suppose to promote innovation. The original idea and spirit of the law was that for a limited time monopoly you disclose all details on your invention instead of keeping it all a secret to yourself.
Obviously this is no longer the case as the problem is (1) too many patents on broad things and (2) too long of a monopoly term for todays fast moving technology.
It's been 150 years since we established the patent office and the only big things that were changed was moving from first to invent to first to file and increasing the monopoly term from 17 to 20 years. I think a 5-7 year monopoly term is much more reasonable and would maintain the original spirit of the law.