

- Navigation
- Hot
- New
- Recent Comments
- Activity Feed
- Marketplace
- Members Directory
- Producer's Lounge
- Producer's Vault
- The Gulch: Live! (New)
- Ask the Gulch!
- Going Galt
- Books
- Business
- Classifieds
- Culture
- Economics
- Education
- Entertainment
- Government
- History
- Humor
- Legislation
- Movies
- News
- Philosophy
- Pics
- Politics
- Science
- Technology
- Video
- The Gulch: Best of
- The Gulch: Bugs
- The Gulch: Feature Requests
- The Gulch: Featured Producers
- The Gulch: General
- The Gulch: Introductions
- The Gulch: Local
- The Gulch: Promotions
If I invent some major time saver in my machine shop without the ability to protect it, I will not disseminate it, period. Why would anyone give up their competitive advantage without incentive to do so? I have "tricks of the trade" of my own. I have survived while most of my competitors have evaporated. Nothing in this world is perfect, but I see no better alternative. The products of my mind are mine; end of story.
I only wish I had an invention that would appeal to the mass market. You can bet the first call I would make, would be to a patent attorney.
Respectfully,
O.A.
My point really was that the patent system actually worked to prevent innovation in the end, while draining the wrights of their money and curtis of his time.
I had not heard about this case. Was seeing royalties on the patents just a bad business decision, not the faults of patents as a concept? Couldn't they have enforced the patents they could, accepted not being able to enforce the patents on Curtis' work, and focused on developing new technology that they could patent and enforce? (I don't know the answer. This is the first I'd heard of it. It would be interesting to read a book on it.)
I understand your point about inventors not wanting to invest money if others can just copy what they do. Just not so sure patents are the way to deal with that problem. Seems like there are unintended consequences with the patent system that stifle innovation more than protect it.
Curtis and wrights should have gotten together and made something really good. Curtis' innovations are the ones we still use today, which were allowed really only after wright's patents ran out.
Yes. Ideas certainly are cheap, but those may not be great ones.
" you need property rights to justify spending the money to commercialize"
And it now occurs to me that researching new inventions and commercializing them are part of the same ecosystem. When a business puts effort into inventing something, it calculates in the chance that someone else may commercialize it and license the technology from you. When you license someone else's technology, you feel like you're doing the real work, but you wouldn't be doing it without the invention and the the inventor wouldn't have invented it without the chance you'd license it.
As for that stay off the post crap, you are showing the true believer stuff that shows up now and then, or maybe you are just saying that you would not have me reply to any of your future posts? Which is it? I hope you do not have the authority to have posters removed from this blog. If galtsgulchonline.com is you blog let me know and I will kindly retreat to other matters.
https://www.youtube.com/watch?v=YKjPI...
If you can't read please stay off the post.
Load more comments...