Mises Daily
Author:
Stephan Kinsella
Online Publish Date:
The conventional defense of the patent system is that it is essential in order to stimulate creativity. For example, in “ Don’t Believe the Hype “ (Feb. 2005, IP Law & Business ), patent attorneys John Benassi & Noel Gillespie conclude that our patent laws continue to “foster innovation.” This is so even though many observers believe our patent