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It's not about innovation or invention; it's about protection. (businessinsider.com)
2 points by null_para 5441 days ago
1 comments

Protecting intellectual property and fostering innovation clearly serves a role in the global economy. However, it's not clear the patent system is structured in the optimal way for an agile world in 2011 driven by the web and software. Perhaps a separate system needs to exist for software and the web versus industries of traditionally high capital expenditures (e.g., pharma, manufacturing).