‘Since our founding, America has led the world in ideas and inventions that make our lives better and easier, that heal people, and that create wealth and prosperity’
No doubt. That was principally because of America’s original patent system. Before its creation the only patents that existed were called Letters Patents which were issued by monarchs in Europe as favors to courtisans who were granted special rights such as an exclusive market to sell sugar in London. They were based on privilege, not merit.
Do you know how to make a Stradivarius violin? Neither does anyone else. Why? There was no protection for inventions in his day so he like everyone else protected their creations by keeping them secret. Civilization has lost countless creations and discoveries over the ages for the same reason. Think we should get rid of or weaken patent rights? Think again.
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