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by InDubioProRubio
435 days ago
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But then the ip-poachers wait for you at the gates. Investing into the new thing, in a world order where copying the new thing is the best game approach, makes R&D a looser strategy. You need temporary punishment tariffs on products that steal IPs to recuperate the investments and make it a bad strategy - or else.. Patents do not work - because the rule of law does not exists without the international order and goverments have a tendency to trade away such cases for protection of big players. |
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But you have to take out a copy of the patent in EVERY country you want protection. Most companies don't do this and then whine about copies.
And lest someone whose never done it says they don't work: note how diligently generic drug companies wait for patents to expire.