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by ratsmack
1585 days ago
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The US is hobbling itself with software patents. China pretty much ignores all patents and will win in the global market because of this. US companies need to quit the stupid patent wars, lest the become irrelevant on the world markets. |
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Frankly, it seems that most (nearly all) patents have only a trivial amount of money invested to create the idea, other than what the patent lawyer costs. For example, "playing checkers --- with a computer" patents. Ending all patents would not slow down innovation at all.
There is one exception, drug patenting, where billions are spent developing a drug and getting it approved.