To me at least there seems to be a general feeling of unhappiness about the current state of the patent system. I got to wondering what would happen if the patent system was completely abolished and thought it would be interesting to hear some other people's thoughts!
[+] [-] tobylane|12 years ago|reply
[+] [-] S4M|12 years ago|reply
[+] [-] NameNickHN|12 years ago|reply
[+] [-] higherpurpose|12 years ago|reply
Think of the laptop market, or even the smartphone market. Isn't 90 percent of the technology in them essentially the same? Now imagine if every single piece of technology was radically different. They would be unrecognizable from each other, therefore completely different types of products.
So that's why competition is essentially copying with a twist. If patents, which are state-endorsed monopolies for certain specific technologies, were gone, this competition would increase.