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the broken patent system makes no hope for " great again"

[wanttoknowwhy]

American Entrepreneurship Languishes as Startups Face Unfavorable Ecosystem

By Gene Quinn & Steve Brachmann 
February 15, 2018

There can be no dispute that the level of business startup activity has been on the decline in the United States over the past few decades. So alarming is the downward trend that publications like the New York Times, the Wall Street Journal and others have tackled the issue in depth. Inc. Magazine has even asked whether entrepreneurship in America is dead? ..

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According to MIT, “In a startup, a major source of value, and thus a major tool for attracting investment, is intellectual property (usually one or more patents or substantial software code).” A careful look at how Google and others have so successfully lobbied over the past decade to weaken patent rights, making it harder for disruptive innovators to both obtain and keep patents, explains why tech startups find an ecosystem that has evolved to protect market incumbents at the expense of new companies with new ideas and innovations that cannot be patented.
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The truth is simple: The only beneficiaries of weak patent rights are market incumbents. No matter how the data is tortured, it should be enormously clear that recent patent reforms have not helped startup activity in America overall. Instead, patent reforms and ill-advised decisions from the Supreme Court over the past 12 years have only contributed to the ecosystem that rewards giant tech companies, and which has solidified the market power of market incumbents at the expense of startups and small businesses.

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