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by mulmen
1519 days ago
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Yeah I debated using that word. Probably not entirely accurate. Something like “if you change that all the other problems are insignificant” might be better. I think your explanation of how this can happen is plausible. But it’s also the problem with treating government services like businesses. USPTO incentives should be aligned with the public good, not the bottom line. This differs from a service like the USPS or Amtrak that address a market failure. |
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I think you may not understand the underlying economic forces.
Patents are explicitly addressing an existing market failure (that of suboptimal funding of innovation due to free rider disincentives). The mechanism is a grant by government fiat of an exclusive right for a limited time, enforced by the courts, and these grants (and the products covered by them) then become subject to ordinary market forces.