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Used Increasingly As Weapons, Patents Hamper Innovation

from Austin American-Statesman

Patents are vitally important to protecting intellectual property. Without patents, executives say, they could never justify spending fortunes on new products. And academics say that some aspects of the patent system, like protections for pharmaceuticals, often function smoothly. However, many people argue that patent rules, intended for a mechanical world, are inadequate in today's digital marketplace. more

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