tag:blogger.com,1999:blog-4831263988895973669.post9129274616029090974..comments2023-10-07T01:32:12.525-07:00Comments on PATENTly - unOBVIOUS: You didn't invent thatStep Backhttp://www.blogger.com/profile/06178091823442339760noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4831263988895973669.post-25959030213866590382016-06-08T13:15:20.299-07:002016-06-08T13:15:20.299-07:00Thanks for commenting.
(I usually do not get comme...Thanks for commenting.<br />(I usually do not get comments on this blog)Step Backhttps://www.blogger.com/profile/06178091823442339760noreply@blogger.comtag:blogger.com,1999:blog-4831263988895973669.post-52296025044598092962016-06-08T09:09:03.445-07:002016-06-08T09:09:03.445-07:00What those writers and their luminary Lemley don&#...What those writers and their luminary Lemley don't acknowledge is that the culture of progress and innovation exists because there is a patent system. Countries without patents don't have that kind of culture.<br /><br />A classic case is pharma, where most countries won't grant meaningful patents to new drugs, so there is not new drug development there. We here in the US do protect drug inventors and this is where the vast majority of successful pharma takes place. Then others around the world free ride on the advances here and sell the new drugs a cheaper prices. And that in turn leads to the socialist bunch arguing that consumers should be allowed to bring in cheap drugs from overseas or that US pharma companies gouge us. But if 100% of the R&D expense must be recouped from US customers because foreign patents are not available, then yes, American prices will be significantly higher than foreign prices. If that were not possible, then we would not have any pharma R&D at all. And that ain't good, Mr. Lemley.Anonymousnoreply@blogger.com