Seeking the Patent Truth
Patents Can Provide Justice and Funding for Inventors
By Arthur M. Diamond, Jr.
This article appeared in the Winter 2015 issue of The Independent Review
The U.S. patent system is besieged by costly litigation and a growing chorus of critics who claim that patents are neither economically nor morally justified. A variety of proposed reforms and entrepreneurial institutions, however, might improve it significantly, resulting in more justice for inventors and more funding to help them develop inventions that benefit society.
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