4 ms·
Really disagree with this. The existence of patents is a significant hamper on entrepreneurship. There are a lot of business spaces where you simply cannot touc
by opportune 5y ago
Really disagree with this. The existence of patents is a significant hamper on entrepreneurship. There are a lot of business spaces where you simply cannot touch because billion and trillion dollar companies have deep patent portfolios they’ll fight with. Think things like hardware and devices. Even garbage like using a fingerprint to authenticate with you bank.
As a small timer, the patent system is just a way to extract a tax from other people or sell your patent to a big business that’ll use it to bully people like I mentioned.
Plenty of businesses have been founded on out executing giants, and won. Sure they had to maybe carve out a niche or have an edge at first (nothing says you cannot have trade secrets without patents).