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Re: dmiller post# 381510

Wednesday, 02/05/2014 9:09:24 AM

Wednesday, February 05, 2014 9:09:24 AM

Post# of 435762
dmiller, I don't agree with your statement.

---It's like anything else, when there's demand for patents, the price goes up. when there's not, the price goes down---

Supply drives demand in the physical world. (Steve Jobs executed on this fact) But IP is a different animal. The idea/concept is readily available to the world and therefore can be used/stolen and provide no benefit to the originator/inventor. Without an effective system in place to protect the value of the IP the supply-demand equation is skewed. There may be plenty of demand but no affect on the price if the IP is not protected.
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