>>100132490
Is innovation happening?

The problem is like this.

>Be wealthy enough to not be a slave, but not wealthy enough to own slaves.
>Inventing something takes lots of R&D costs.
>Eventually you get to something marketable.
>If you spend even more money you can make it a little better (diminishing returns) but you've already spent an ass load.

>Be wealthy enough to own slaves.
>See a new product.
>Spend what is to you a little bit of money to take the next step.
>Completely obliterate the original product in the market because you can offer better cheaper thanks to scale and being wealthy enough that you can loss leader if you need to.
>Original inventor can't recoup investment in the original invention, becomes a slave.

Patent is supposed to promote development by insuring that even if a fat cat iterates on the design they at least owe a cut of the dough.

But instead having big pimp energy and whoring out their patents like they should, they're hording them thinking eventually they'll get an absurd offer, so nothing happens except the next middle class man to invent the same thing independently will be murdered by a lawyer if he brings it to market.

Registered patents should have a compulsory license responsibility. If you aren't letting it advance society, someone who will should be able to license use through the patent office. USTPO figures its fair value and compensates the patent holder with an IRS credit.

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>the entire e-ink industry and innovations are held back by the e-ink patent