We are so used to the concept of patents that we have accepted them as a fact of 'life'. But we might want to reconsider that, something I've been wondering about before...
"Patents, however, tend to limit those emerging markets by putting up inefficiencies in the way that make it much more expensive to experiment with the new ideas and find a way to market them. This idea isn't just backed up by theory -- but in practice as well. It's why the economies of the Netherlands and Switzerland both developed much faster in a time when they had no patents. It's good to see a more thorough exploration of these ideas -- and hopefully some of it will eventually sink into the heads of policy makers as well."
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