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> Informational goods are nonrival: they are copyable and usable with no loss to the original. The relation between copies of information is abstract. A copy ad
by law 14y ago
> Informational goods are nonrival: they are copyable and usable with no loss to the original. The relation between copies of information is abstract. A copy adds its value, and subtracts nothing.
That is where I disagree. There's an important distinction between the inventive step leading to a discovery and subsequent copies thereof. A subsequent copy of an idea does not possess the same characteristics as the ``flash of genius'' in the mind of the person responsible for producing that idea. From this distinction, it follows that an idea, alone, has no intrinsic value--intrinsic value arises out of attachment to society.
Your argument is that an idea gains value as it spreads, but I don't think that's correct. Rather, societal advancement occurs when members of a society generate and produce novel ideas. There are two competing forces: (1) the spread of new ideas is akin to a positive feedback loop, since new ideas are based on old ones (there's evidence of this: technological advancement grows exponentially with respect to time); and (2) as an idea spreads, its connection to its creator fades, eventually causing misappropriation of that 'inventive step' and disincentivizing the creator's continued creation of new ideas. The belief that losing control over the spread of an idea on the basis that no harm to the information occurs from copies thereof is flawed: it focuses on the information, rather than the person who created it.
Permitting patent rights to vest only in the inventor transforms his talent into a commodity, rather than the fruits of that talent. It rewards the individual rather than those acting on the information for no purpose other than economic gain.