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The system is certainly broken and inefficient in many ways. But the system exists to promote and foster invention. Consider: I will not sink a large amount of
by cvoss 1y ago
The system is certainly broken and inefficient in many ways. But the system exists to promote and foster invention. Consider: I will not sink a large amount of resources into R&D if, as soon as I figure out something worthwhile, my competition can undercut me because they didn't have to spend all those resources upfront. Sure, the patent system delays my competition's followup invention. But neither of us would have chosen to invent anything in the first place if it's all risk and no reward.
- ajb 1y agoFunny thing, it's been ages since I heard of a software startup touting it's filed patents. Used to be par for the course. But there still seem to be loads of software startups.
- InsideOutSanta 1y ago>the system exists to promote and foster invention It doesn't matter why it exists; what matters is what effect it has. "The purpose of a system is what it does." >But neither of us would have chosen to invent anything in the first place if it's all risk and no reward. This is not true. Plenty of small companies invent things every day and never patent anything. The idea that companies would just stop innovating without patents is not just implausible, it's plainly untrue.