3 ms·
It’s not as temporary as one would believe and was intended, especially in today’s environment where for all practical purposes it is irrelevant when a patent r
by frankfrankfrank 3y ago
It’s not as temporary as one would believe and was intended, especially in today’s environment where for all practical purposes it is irrelevant when a patent runs out when the technology itself is obsolete long before the patent even gets close to expiring, if it’s not effectively extended by several methods.
Patent duration today should maybe be measured in a function of the value it has produced measured in something relatively fixed like gold. It would be relative to the impact and would also throttle regulatory and market capture and wealth imbalances.
The current parent duration based on the celestial orbits around the closest star is dumb and blunt. My proposal would accelerate technology dissemination and prevent many of the overburden issues.