What If The Very Theory That Underlies Why We Need Patents Is Wrong?
[The paper] looks at the putative theory that innovation comes from a direct profit motive of a single corporation looking to sell the good in market, and for that to work, the company needs to take the initial invention and get temporary monopoly protection to keep out competitors in order to recoup the cost of research and development.
The problem is that while this is certainly true sometimes, in many, many, many other cases — it’s not the way it works at all.
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