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Then the competitors that don't care about lack of patents will take over the market, creating the impetus for innovation again.
by netr0ute 4y ago
Then the competitors that don't care about lack of patents will take over the market, creating the impetus for innovation again.
- Majestic121 4y agoNot really, there will be small innovation on obvious matters but any R&D that actual takes capital to validate or does not have immediate result will simply be dropped. Or kept purely secret
- Layke1123 4y agoI thought competition is what keeps markets working efficiently. Without competition, what's the motivation to actually share innovation when it is not needed to maximize profits, as innovation is much more costly than maintaining the status quo?