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The patent systems idealistic idea is to protect the inventor from the big guys that copy his idea, because he himself does not have the necessary capital to ma
by tobiasu 14y ago
The patent systems idealistic idea is to protect the inventor from the big guys that copy his idea, because he himself does not have the necessary capital to manufacture the product.
The patent system certainly didn't work here, even if the outcome is better than if it did.
- anonymouz 14y agoNo, the point is to foster innovation by providing a limited time monopoly to the original inventor (whether that actually works is of course a different question...), so that he can start manufacturing his product and have a decent shot at getting a profit from it. He got a chance, but failed to make anything out of his idea, and years later other guys came along with the same idea. They most likely didn't really "copy" him, they came up with the idea independently --- a digital audio player is quite a natural evolution of, say, a Walkman. This time, some companies managed to bring a product to the market. There's no reason why they should pay him. The patent system worked.
- stan_rogers 14y agoThe time-limited monopoly is part of the deal, yes, but the ultimate goal is to prevent invention from being kept secret. The monopoly is granted specifically in return for the (eventual) public availability of the invention. The reason behind the restrictions (obviousness, the existence of prior art, etc.) is that no public good can be obtained in exchange for the monopoly award. Somewhere along the line, the idea that patents are meant to serve the public good seems to have gotten lost...