Are patents on innovations good for buyers?

1 Comment

  • Kate Roe - 12 years ago

    It's an interesting but not a new question. The dilemma is how to reward the innovator - after all, the point is to get ahead of the competition and some return on R&D investment and that's fine - while ensuring the customer wins and is not overcharged due to a lack of competition. Could the answer be similar to the pharma sector model where patents run out to let generics on the Market and prices naturally fall after a period of time?

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