Patents and the Commoditization of Innovation

Martin Börjesson writes about patents and a possible future where "innovation is a commodity". Interesting thoughts! However, I disagree with the fact that innovation itself would become a commodity, in that scenario; rather, the means of realizing the innovation could perhaps become a commodity. Innovation itself becoming a commodity hopefully lies in a very, very distant future.

I’d like to speculate somewhat on this, however. The "realization of innovations" becoming a commodity would actually mean that we’ve established a new level from which innovations could take place. So there would always be another level of innovations whose realizations wouldn’t be a commodity, unless we believe that innovation stops somewhere. I believe it doesn’t.

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