How software patents prevent innovation and cost us all money

IntnsRed's picture


We've all been indoctrinated to believe that patents spur innovation and cause more inventions to be created -- that's the standard line used to justify the supposedly-temporary legal monopoly called a patent. But as
this NPR story details, computer software patents do not spur innovation.

Instead, they cost us all by costing real companies real money for "patent trolls" and have created a lawyer-dominated market of buying and licensing bogus patents which actually works to prevent innovation. A fascinating and well detailed story about the broken system of "intellectual 'property'".