Comment by InDubioProRubio
11 days ago
But then the ip-poachers wait for you at the gates. Investing into the new thing, in a world order where copying the new thing is the best game approach, makes R&D a looser strategy. You need temporary punishment tariffs on products that steal IPs to recuperate the investments and make it a bad strategy - or else..
Patents do not work - because the rule of law does not exists without the international order and goverments have a tendency to trade away such cases for protection of big players.
Literally patents.
But you have to take out a copy of the patent in EVERY country you want protection. Most companies don't do this and then whine about copies.
And lest someone whose never done it says they don't work: note how diligently generic drug companies wait for patents to expire.
What you’re describing is monstrously expensive, and doesn’t actually prevent IP violations, it just allows you to recover some of your losses, which is also expensive, and is unrealistic if the violators are fly-by-night operations.
1) The alternative is for millions of local-currency patents in Lesotho to automatically be valid for two decades in USA, EU, and Japan.
2) An of course it doesn't prevent IP violations - Eurocopter (now Airbus helicopters) had to spend millions to enforce their patents against the thieves* at Bell helicopter.
https://www.bananaip.com/intellepedia/bell-helicopter-v-euro...
* not my preferred choice of words, but its the tone on this forum.
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> What you’re describing is monstrously expensive
I would actually consider this to be an desirable side effect: if you want governments to enforce your monopoly using their state authority, you better pay for this really well. :-)
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