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by mike_d
852 days ago
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Patents are vital to bringing things to market. It lessens the risk associated with investors getting returns, which allows funding for development. I get that people don't like patents because they sometimes get abused, but on the whole I think we wouldn't have a lot of the things we take for granted if they didn't exist. |
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This is where the patent system shines. Because he got a patent he could shop around, sell it to a company which made a tidy profit on it. He didn't need to raise capital to establish a factory and all that to bring it to market and the company buying it seriously got ahead without spending an inordinate amount of money and time inventing the thing.