Patents shouldn’t be valid for more than 5 years imo. If you can’t make a large enough profit from your idea in 5 years maybe it wasn’t that good or original.
The original idea with patents is to help protect small inventors from being run over by bigger corporations.
But the result is more often the opposite, where small inventors that have a genuinely profitable novel product, is quickly forced to bankruptcy by frivolous patent suits, even when the new product is patented, and when bankrupt bought for peanuts by the bigger corp.The other main basis for patents is that the technology should not be lost, in case of the inventors death.
But the way tech works today, that is no-longer relevant.5 year patent would absolutely be better than what we have IMO.
