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by narrator
5779 days ago
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Patents are good for protecting inventions that require a large amount of capital investment to bring to production. Fashion and food were traditionally not protected by patents because to make a cake or a dress, one only needed an oven or a sowing machine. On the other hand, complicated manufactured goods needed patent protection because the factories needed to produce them would cost millions to build, and a small inventor could never raise the money without patent protection. In the age of computing, the cost of the equipment to create software is negligible, so it's far more optimal to not grant patent protection. |
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Is that really true? I don't know I am just asking. I personally don't think capital investment should have anything to do with the patent. It's like giving no value to the innovative technologies made by people in garage. Just doesn't make sense to me.
On a side note, do you consider time as capital investment?