3 ms·
Limiting the time of the protection would go a long way towards its acceptance. With the speed of technology today, 3-5 years seems reasonable. Anything beyond
by ptero 3y ago
Limiting the time of the protection would go a long way towards its acceptance. With the speed of technology today, 3-5 years seems reasonable. Anything beyond this is an overkill. This also discourages early filing (which now causes to mostly stifle related exploration) and encourages filing when the technology is ready for commercialization.
I also view the goal of the patent system as benefiting a society by encouraging the people to innovate. While somewhat similar to the current goals (rewarding the inventors) it is subtly different because its success and failure is determined not by the fairness to each inventor but by its statistical impact on innovation. If it tends to encourage innovation, even if in a few corner cases the time limits are too short for the inventor to reap the full reward, so be it. If it tends to stifle innovation by focusing on fully defending every inventor it needs to be repealed. My 2c.