Re: Do patents really foster innovation?

From: Lee Daniel Crocker (lee@piclab.com)
Date: Fri Mar 07 2003 - 15:15:45 MST

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    > (Dickey, Michael F <michael_f_dickey@groton.pfizer.com>):
    >
    > I would certainly be interested to hear what extropians think of Patents (at
    > least, mechanical innovation patents) There is a large portion of
    > libertarians here, and I generally consider myself one (a 'neo'-libertarian
    > I guess to be more accurate) but I do not see much value in the arguments
    > against IP. They seem to center around 'see, there has been plenty of
    > innovation without patents, the wheel, steam engines, etc' to which I would
    > respond 'yeah, but those took thousands of years to come about'

    First of all, let's change the rules: the burden of proof is on those
    who wish to support patents, not those who wish to remove them, because
    freedom should always be the default. Patents reduce freedom.

    Second, even as someone who opposes the idea, I don't deny for a moment
    that they encourage innovation. Indeed, that's one reason I oppose them:
    they encourage innovation /for its own sake/ over other things like
    craftsmanship, gradual refinement and evolution, collaborative
    development, competition, and other things I think are more important
    than mere innovation. If people invent novel things, that's fine, but
    I also want people to make not-so-novel things, interesting combinations,
    refinements, and customizations of existing things. I want more people
    competing to find cheaper ways to produce things. I want people to find
    and exploit more markets for things than the inventor ever imagined.

    The idea that inventors inherently deserve reward is the communist
    fallacy of the labor theory of value: the totally discredited idea that
    the value of a thing is inherent in its creation. That's simply not
    true, and policies based on that idea are doomed to failure, as all
    socialist systems have been. Value is created by /demand/, and so what
    should be rewarded is the ability to fulfill demand, whether by
    innovation or other means. Without patents, innovation will still be
    rewarded /when it fulfills a demand/, but not otherwise, which is how
    it should be.

    -- 
    Lee Daniel Crocker <lee@piclab.com> <http://www.piclab.com/lee/>
    "All inventions or works of authorship original to me, herein and past,
    are placed irrevocably in the public domain, and may be used or modified
    for any purpose, without permission, attribution, or notification."--LDC
    


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