Dododecapod wrote:
So, who's going to evaluate the value of his invention? What happens if said invention suddenly increases in worth long after the initial creation? What ensures that the reward is greater than the expenses incurrred, possibly after a long period fo slow development?
You're replacing a simple and elegant system of ownership of concept with a kludge.
Why is the decision the market makes better than a one-size-fits-all decision? How is it correct?
Concordeia wrote:Hydesland wrote:
Yes.
What matters is what is best at motivating people to invest time, and often a great deal of money (often many small time inventors have to mortgage their house to see it through) to create new products or find new solutions to problems that will be of value to many individuals, allowing jobs and wealth to be created.
But some people may be more quick to develop useful applications for the technology than the original inventor. I'm of the opinion that a technology will be integrated and developed by society faster if the technology is available to everyone right off the bat.
Why should an inventor care about how quickly society integrates and develops the technology?