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by layer8
29 days ago
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Indeed. Patents incentivize investment in R&D. There is an argument to be made that the scope of patentable inventions should be more limited, in particular preventing trivial patents that didn’t require substantial R&D, and maybe also that patents shouldn’t last as long. But doing away completely with patents would certainly stifle companies’ willingness to invest in R&D. They’d rather wait for someone else to invent something they can copy. |
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In theory or in real life?