your post is full of unproven assertions and rhetoric.
>If I spend $1 million to develop something innovative and the guy next to me stole that innovation; he effectively stole $1 million from me. That's a huge disincentive to spending another million to innovate.
The two are not (directly) related to each other, if you make a profit on the 1 million dollar investment, it doesn't matter how many people "steal it" (bullshit rhetorical term), you WILL invest the next one million dollars. You are totally discounting incentives such as first to market.
>For those that disagree, I challenge you to open source all of the code you're working on for your companies. Then, I'll set up an exact clone of your application (including using your logo) and start making money from your work. That would encourage you to innovate right? Cool, innovate, then I'll use the new code you made, along with the new logo and continue making money from your work.
This is a ridiculous straw man, nobody here is talking about abolishing all aspects of intellectual property law including trademarks.
> Intellectual property is a critical piece of developing a competitive advantage. Take away that competitive advantage and we might as well be the Soviet Union.
It can just as easily be said that intellectual property is a critical piece of tactics to stifle competition, take that away and we have a freer market.
>If you create something, you should have the right to profit from it.
You have no right to profit from anything, the market decides these things (when free of government distortion). I want to profit from posting on HN all day, but that's just not in the cards.
>If you look at the innovation in China, especially in software, it's very flat because the protections there are almost non-existent.
another completely unproven assertion, their are numerous indications that the lack of protections is exactly what is powering Chinese economic growth[1], and powered American industrial growth pre 1900s[2], and powered German chemistry and pharmaceutical industries in the early 1900s[3].
Look, i'm not saying abolish all forms of "intellectual property". Simply that you should not start from the A Priori position that intellectual property is always beneficial.
>If I spend $1 million to develop something innovative and the guy next to me stole that innovation; he effectively stole $1 million from me. That's a huge disincentive to spending another million to innovate.
The two are not (directly) related to each other, if you make a profit on the 1 million dollar investment, it doesn't matter how many people "steal it" (bullshit rhetorical term), you WILL invest the next one million dollars. You are totally discounting incentives such as first to market.
>For those that disagree, I challenge you to open source all of the code you're working on for your companies. Then, I'll set up an exact clone of your application (including using your logo) and start making money from your work. That would encourage you to innovate right? Cool, innovate, then I'll use the new code you made, along with the new logo and continue making money from your work.
This is a ridiculous straw man, nobody here is talking about abolishing all aspects of intellectual property law including trademarks.
> Intellectual property is a critical piece of developing a competitive advantage. Take away that competitive advantage and we might as well be the Soviet Union.
It can just as easily be said that intellectual property is a critical piece of tactics to stifle competition, take that away and we have a freer market.
>If you create something, you should have the right to profit from it.
You have no right to profit from anything, the market decides these things (when free of government distortion). I want to profit from posting on HN all day, but that's just not in the cards.
>If you look at the innovation in China, especially in software, it's very flat because the protections there are almost non-existent.
another completely unproven assertion, their are numerous indications that the lack of protections is exactly what is powering Chinese economic growth[1], and powered American industrial growth pre 1900s[2], and powered German chemistry and pharmaceutical industries in the early 1900s[3].
Look, i'm not saying abolish all forms of "intellectual property". Simply that you should not start from the A Priori position that intellectual property is always beneficial.
[1] http://deepblue.lib.umich.edu/handle/2027.42/39400
[2] http://www.cipr.org.uk/papers/pdfs/study_papers/sp1a_khan_st...
[3] http://online.wsj.com/article/SB1000142405297020454240457715...