Patents are one of many unavoidable things in life. It's the lesser evil. Besides, they only affect counterparty risk, not private transactions. There's no incentive otherwise.
Intellectual property law creates an upward pressure on innovation. The countries with the strongest intellectual property laws are the most prosperous in the world for a reason.
Look like I have a stalker lol. It's a long term effect but you're going to have fewer engineers if it's tougher to make money engineering. It's that simple.
memo is a small world :( locking competitors out, while increasing pay to engineers, also results in lazier engineers who are comfortable with their enterprise contracts
The laws aren't perfect, I'll agree with you there. Though without the protection of patent law, they probably would have no contract in the first place. Complex subject for sure.
Personally I think there should be a short window of time to allow the inventor/songwriter/author etc. to make some money then transfer to public domain. Disney's 75 yr. rule is nuts.
totally agree about disney. I value ideas less & dont think they are worth anything if they cannot be properly executed. so reduce power of patents better rewards execution & results.