Trent W. Buck wrote:
> Tim Connors <[email protected]>
> writes:
>
>> Some people might want to respond to the one sided article here:
>> https://theconversation.com/grants-arent-helping-australian-tech-but-patent-reform-could-30254
> IMO Macaulay's observation on copyright applies equally to patents, viz.
>
> | Yet monopoly is an evil. For the sake of the good we must submit to
> | the evil; but the evil ought not to last a day longer than is
> | necessary for the purpose of securing the good.
>
> https://en.wikisource.org/wiki/Copyright_Law_(Macaulay)
> https://en.wikisource.org/wiki/Second_Speech_on_Copyright_Law
>
> Patents are limited monopolies granted in exchange for publication of
> what would otherwise remain trade secrets.

Let's put the question this way if patents, in Australia were eliminated;
which is what a generalisation of the open-source software development 
philosophy might suggest;
would R&D opportunities in Australia improve ?
  It is I think important to recall that a 'patent' is really just a 
"title to an idea" and
  as such is much like a generalisation of a design registration,
which is more like a "title to a prototype".
I wonder whether eliminating patents; making patents much cheaper or 
enforcement costs lower' is really the issue.
  The Australia market is tiny; so obviously an export orientation is vital;
but smaller nations than Australia seem to manage. As a 'sometime' 
aspiring inventor my
sense is that the  Australian venture capital market is quite 
unsophisticated compared to say;
that in California.
There is an interesting essay entitled "What is the Difference Between 
Gambling and Investing"
here

http://www.investorguide.com/article/12525/what-is-the-difference-between-gambling-and-investing/#comment-430009
 
<http://www.investorguide.com/article/12525/what-is-the-difference-between-gambling-and-investing/#comment-430009>

and my own thoughts here

Gambling_Investment_and_Stochastic_Profit.pdf
https://drive.google.com/file/d/0B0aOfcVEMVoKWHZRNlNGdFg3TlE/edit?usp=sharing

regards Rohan McLeod

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