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Is the patent system broken (and needs fixing) or useless (and needs termination)?

April 26, 2017Broken fixing Needs patent system termination useless

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Is the patent system broken (and needs fixing) or useless (and needs termination)?

1 Answer

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Raymond: I’d say extremely broken, so much so that it might be necessary to terminate it and start from zero. I don’t think it’s useless, but I think the combination of high process costs and patent terms not adjusted to the short innovation cycle times of today are a deadly, innovation-suppressing combination.