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Jul 23, 2009

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Bill Fane

How is killing patents going to spur innovation? Implementing something that someone else has done doesn't sound too innovative to me. Everyone would just sit around waiting for someone else to do the hard work, and then step in to skim the cream. Wait a minute, can you say "Microsoft"?

In a similar vein, it is often suggested that patents should not be allowed on medicines. This would supposedly result in cheaper medications because there would now be multiple competitive manufactuters of new products. Right' And how long would it be before there were no research labs producing new products? Why spend a pile of money researching and inventing something only to have everyone else make the profit?

I'm not saying the present system is perfect, or even any good, but the cure might be worse than the disease.

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