Biden official says protecting US steel a national security issue

Creating and owning IP is part of innovation and it's really critical if you actually want to make money from your innovative work.

It's mostly critical to avoid getting sued if you want to make a product. I don't need IP for stuff I'm working on to deliver products to market, I need to avoid getting sued by patent trolls. IP is for chumps who can't be bothered to actually make their own product or service and instead just want to charge rent from the people who do the work.

I'm not talking theoretical, I'm talking about stuff in the real world I work on.

Public finance isn't some "pipe dream" it's a good idea to just replace IP with a system that just pays people for coming up with new ideas instead of giving them the right to stop ideas from being used.

If you can't protect your IP, then you don't get a chance to profit off your work, and there will be no private investor to fund your work in the first place.

"Entrepreneurship doesn't real."

I invest my own time and effort do do design work to make products to sell in the market. I don't need protection from competition. If some firm can do something better than my product, good for them.

What gets in the way of entrepreneurship is some assholes telling you your firm has to shut down because they have a broad patent on the product you're developing.

/r/neoliberal Thread Parent Link - ft.com