Patents are bad for innovation
Posted by Jorge Bernal October 05, 2006
Patents are no good. I know this for some time now, but I’ve never found a better way to explain than this…
Myth #3: Someone will steal your idea if you don’t protect it.
Reality: No one gives a damn about your idea until you actually succeed and by then it’s too late. Even on the off chance that you do manage to stumble across someone who is as excited about your idea as you are, if they have any brains they will join you rather than try to beat you. (And if they don’t have any brains then it doesn’t matter what they do.)
Extracted from: Top ten geek business myths
Exampe of patents being a fraud: Graham Bell