How the current patent system actually hurts innovation (and how patent trolls are being fought)
Idea to Value
AUGUST 26, 2016
Originally, patents had a simple purpose: By filing a patent, an inventor or company showed how their new technology worked, in exchange for legal protection for the duration of the patent. Does this system still work? This is why some companies prefer to not patent some of their most valuable secrets, like Coca-Cola’s recipe.
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