Hacker News new | ask | show | jobs
by ad_hominem 3076 days ago
The fantasy world is thinking that plucky little inventors creating something is the status quo. You think big companies like Intel don't have hundreds of people working on research full-time? That they freely lease all fruits of their research out to their competition rather than keeping a 20-year monopoly?

Patents, like any monopoly-granting device, benefit market incumbents much more than encourage new entrants

1 comments

maybe large companies shouldn't be able to own patents.
Okay, so now we will have a bunch of 1 person in-name-only companies which hold patents, which offer exclusive licenses to big companies for $1 per 1000 years.