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It's not that clear cut to me. Without patents, maybe inventors -- both original and follow-on -- would have never bothered investing so much time and treasure
by foobarian 4y ago
It's not that clear cut to me. Without patents, maybe inventors -- both original and follow-on -- would have never bothered investing so much time and treasure, and we would have been behind on average. This is a pretty explicit feature of the patent system. The short delay due to the temporary monopoly is not that important in the grand scheme of things.
- ars 4y agoThat's true, but there is no doubt that Segway held back electric vehicle commuting for 2 decades. Imagine how much less traffic and emissions there would be if Segway had put a reasonable price on their product.