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by mschuster91 210 days ago
> Patents are a pest. They're just another mechanism to pump money from below to above.

Patents are a way to make sure inventors are getting compensated for their R&D work and risk.

I do agree with your observation though - IMHO, the "exclusivity" period of a patent should last five years, and for the 15 years after that, patent holders should be mandated to license out their patent at reasonable pricing.

1 comments

Should the way they get compensated not be by creating a useful output with said development?
And everyone has access to the capital to do so? Or the business acumen?