2 ms·
I agree with this - A similar example of patents working in a reasonable manner is the pharmaceutical industry, where the time and money investment of developin
by jivatmanx 14y ago
I agree with this - A similar example of patents working in a reasonable manner is the pharmaceutical industry, where the time and money investment of developing a new drug is astronomical, and it can be reasonably argued that this justifies the 20-year monopoly that a patent entails.
The above cannot be said for design patents. Because there are essentially no barriers to entry in getting a design patent, yet they last the same 20 years as the development of a new drug, it's easy to see this getting stupid and destructive for the tech industry.