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by crazygringo
1981 days ago
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Just to play devil's advocate, that's the whole purpose of patents, to prevent progress by others. On the other hand, the gain is that E Ink Corporation decided it was worth investing in developing and commercializing the technology knowing they'd have exclusive rights for 20 years, and quite possible only because of that. If they didn't have that guarantee, it might not have been worth any company developing it in the first place. Now I'm not familiar with the history of investment in e-ink specifically. But I'm curious if there's anyone here who is: if patent protection wasn't available, would it have been worth it for any company to develop it, knowing it might be copied a year later by a competitor who would then undercut the original inventors (not having to pay for the expensive R&D)? |
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Not really. The "societal" purpose of patents is to promote innovation. That's really the yardstick by which most of the conversation around patents needs to be measured - does this help or hinder overall innovation.
There are also moral/philosophical arguments for or against patents, but I think the majority consider the societal impact to be the most important.
The mechanism by which patents achieve this is by giving a temporary monopoly to the inventor. It also requires the inventor to disclose, in detail, how their innovation works ; that's part of the tradeoff - the innovator gets a temporary monopoly, but society benefits by the innovator not hoarding it as a secret. This should actually encourage progress by others, in the long run.