If you read that NYT article just yesterday on the enormous drag and waste caused by the current state of software patents, you'd sing a different tune. The log line is "software companies now spend more on patents than on R & D".
These particular incentives are warping the IP system out of control. They have huge downsides and now little upside (unless you hit the patent jackpot yourself and are willing to go sleazy).
It need not destroy all incentives to hurt innovation.
These particular incentives are warping the IP system out of control. They have huge downsides and now little upside (unless you hit the patent jackpot yourself and are willing to go sleazy).
It need not destroy all incentives to hurt innovation.