Protecting Freedom In The Patent System: The Public Patent Foundation's Missi...
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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.
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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.
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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.
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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.
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That's because creating music doesn't costs millions of dollars in scientific research and development.
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@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...
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The man introducing the speaker shouldn't be allowed to speak. He's really boring...
Very important, great video, thanks
semiliteratedgod 3 years ago 6
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 3 years ago 3