Time to eliminate patents?

By • on October 1, 2012

The smartplanet website notes that rapid and massive innovation usually springs out of cooperative environments in which technologies and discoveries are shared, not when industries batten down the hatches and call out the lawyers. There is strong evidence that patents have many negative consequences…. The initial eruption of small and large innovations leading to the creation of a new industry is seldom, if ever, born out of patent protection and is, instead, the fruits of highly competitive-cooperative environments.

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