Hacker Newsnew | comments | show | ask | jobs | submit login

I think it depends on the industry. If patents only lasted 3 years, high tech may move faster because a 3 year advantage is enough incentive to innovate in an industry that moves fast anyway. I'm not so sure about pharmaceuticals though. 3 years isn't even enough to complete clinical trials, so the companies would effectively have no incentive to innovate at all.



Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | DMCA | Apply to YC | Contact

Search: