> When correctly applied it can be an effective tool to encourage certain sorts of intellectual endeavors by making them monetarily favorable
This has been empirically disproven. China experimented with having no enforced Intellectual Property laws, and the result was that they were able to do the same technological advancement it took the West 250 years to do and surpass them in four decades.
Intellectual Property law is literally a 6x slowdown for technology.
This has been empirically disproven. China experimented with having no enforced Intellectual Property laws, and the result was that they were able to do the same technological advancement it took the West 250 years to do and surpass them in four decades.
Intellectual Property law is literally a 6x slowdown for technology.