Patent System
topic on 3 shows · 5 statements across 4 episodes
Top Founders 
the a16z Podcast 
All-In
5 statements about Patent System, every show
Dave Ricks: Pharma companies lack enduring franchises due to patent cliffs
“In pharma, all our, we have no enduring franchise. Everything we make goes to zero because of the patent system.”
Chamath asserts intellectual property is the least valuable it has ever been
“Intellectual property is the least valuable it's ever been, right? More people develop things now via trade secret than patents. The whole patent system has become a little bit of a game.”
Prizes and reputation can replace patent incentives to drive technological innovation
“That combination of those three factors, intrinsic motivation plus reputation plus price, is a improvement extraordinarily powerful, and the amount of progress that's been made in math is mind-blowing. And I think we can use that same system in many other area…”
Masnick: Independent invention defense would eliminate most patent system issues
“I think you would wipe out so many of the problems of the patent system if you had a real independent invention defense”