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Why do patents need to be transferable at all? The whole idea is to give the inventor time to bring her invention to market. Once the original innovator is ou
by dbrian 14y ago
Why do patents need to be transferable at all? The whole idea is to give the inventor time to bring her invention to market. Once the original innovator is out of the picture, what’s the point to granting a monopoly on the technology?
- rayiner 14y agoBecause it facilitates division of labor, and competition based on competitive advantage. A product is more than just one piece of technology, and inventors should be focused on technology, instead of getting mired up in everything that is involved in developing a product.
- danielweber 14y agoIf a friend and I invent something, it's in both our interests to assign it to a company we own, rather than trying to figure out which "half" he owns and I own, or if we own it in joint, or any other a thousand other crazy ways. Or, what rayiner said.