Patents and your economy

Misinformed commentary persists on the matters of patents….

Patents provide for less risk into investment into new technology.

Stronger patent rights lower the risk of investment in technology, resulting in more investment.

Data point; USA. The strongest patent rights in the world underpinned by jury-led high damages, product injunctions, and contingency lawyers for patent enforcement.

And it’s the most inventive nation in the world with the highest investment in R&D. This is not a coincidence.