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  • If you abolish the patent system, then it becomes purely manufacturing and all those jobs went to China and India where labor is cheap -- so good luck with that. The rise of globalization requires IP protection to keep America competitive -- otherwise, we have nothing left to offer the world, we're screwed then.

  • Also, the big problem is pharmaceuticals is that it's really easy to copy -- once you know the active ingredients, you can pretty much do it. Even with other inventions, China is really good at copying things and so, if anything, patents protects us from Chinese companies selling rip-offs at half the price. So think about that also -- it prevents foreigners from destroying the U.S. economy.

  • The man introducing the speaker shouldn't be allowed to speak. He's really boring...

  • Also, people should look up Phil Salin. He wrote an article on freedom of speech for software writers. Probably the best article I've ever read on software patents.

  • So how about Microsoft threatening Linux companies and companies that use Linux (eg. Tom tom), state that they're infringing on patents, but won't say which ones or what code is offensive.

    Nice way for Microsoft to abuse open source system. They get to look at other people's code, while no outsiders can look at Microsoft's code.

    Why does Microsoft get away with this unconstitutional bullying?

  • genetic data is not patentable! thats absurd!

    Mother nature is inherently open source!

    (otherwise we shouldent be backwards engeneering it! evolution could sue us!)

    also sciense is harmed by patents

    and anyway big pharmasuticals dont inovate all they do is pain relife no cures!

    cured patiens dont bring in money its better to let them suffer and antestetise them to death.

  • Abolish the patent system completely. There is no good reason for it.

  • Who's going to invest millions and millions of dollars into R&D if other companies can just copy the results?

    Patents are probably misued a lot, but they are needed.

  • Comment removed

  • This works with software, because developing software doesn't take a big investment and because distributing software costs next to nothing.

    But how would this work with pharmaceutical products? It takes years and years of development and testing before u can put a new drug on the market.

    If other companies can just copy the drug, they have a huge advantage over the one that sunk all the R&D costs into the project.

  • Nobody ever bothers to ask big pharma why it costs them so much time and money. I understand that it's a complicated matter but, it's not that complicated. Because of patents, they have every incentive to exaggerate the costs and to delay new drugs so they can gouge people. Without patents, I think the market would separate drug research from drug production. We'd see lots of drug producers donating to colleges and universities for all the major R&D which would then become public knowledge.

  • @Piscivorus

    That's because in America, our economic system is capitalism, and the goal of a publicly-traded corporation is to maximize profits for its shareholders, if not the shareholders themselves can actually sue its own publicly-traded corporation for incompetence. So U.S. corporate law is equally at fault here. Moreover, it's the survival of the fittest mentality, if your competition is doing the same thing, you better do it, or otherwise your company is going to go out of business.

  • what benefit has been brought about so far?

  • @Molo9000 Yes but if you check some of the areas that are patent-free like music . People still bother on creating new products even thought they know it will be pirated or copied...

  • @madridisinSpain

    That's because creating music doesn't costs millions of dollars in scientific research and development.

  • Is the slide available for download?

  • Always a pleasure getting to see you, Mr. Ravicher.

  • There is no evidence of evolution of mankind from any other species. It is easy to prove.

    Check out my vids. I have studied this for over 40 years. I have no religion and I certainly never want to be indoctrinated by some idiot named Ken. Do your own thinking. Don't be the clone of someone elses thought process and beliefs.

  • Great talk.

  • Patents should not apply unless the company holding it has a product on the market, that simple.

    (ok, maybe give the company a year or something. But if it isnt avaiable for a reasonable price, the patent, or copyright, shouldnt apply)

  • @twdarkflame

    Well often times the inventors apply for a patent before they start commercializing the product for two primary reasons: (1) don't want someone else to file the same patent before you, and (2) you need venture capital funds and they will only invest in you if they see patents.

  • A big thank you for repeating the questions we couldn't hear. What was the last patent slide @ 36:47?

  • Im an Asian. I like this clip.

    It gives me some basic idea about patten, which sounds reasonable. Nice clip, thanx.

  • law is a negative concept. the law exists to prevent INJUSTICE from ocurring. if the law existed to create justice, you would need to create an inifinite amount of laws. frederic bastiat's the law is a good source for this type of information. also, i do agree with the speaker that the govt should be out of the business of granting exclusive rights to individuals. right on

  • How is the patent system anywhere else in the world? Like Europe and Asia? Is it similar to the US system or different and provide possible solutions or extra problems?

  • Its pretty simerla in europe, much the same problems/benifits.

  • ola

  • wow

    it´s incredible ´cuz they can upload videos of more than 48 minutes :O

  • Very important, great video, thanks

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