Some see the existence of patent-licensing firms as an indication of a serious flaw in the patent
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Some see the existence of patent-licensing firms as an indication of a serious flaw in the patent system. On the other hand, some inventors have neither the skills nor the desire to market their inventions and negotiate contracts.
In a highly specialized economy, the existence of firms that buy and license patents is not in itself a negative thing. Do you agree? And why or why not?
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License patent is the one who has permission to sell or use the product... View the full answer
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