4/6/08

THE CASE AGAINST THE PATENT SYSTEM

THE CASE AGAINST THE PATENT SYSTEM One of the few topics over which free-market proponents often radically disagree is the relevance of the patent system (Kinsella, 2000). According to some, without patent protection an inventor has no incentive to invest time and money into something that can be easily copied by its competitors without incurring significant R&D costs.

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