All posts tagged: telescope

Patents and the invention of the telescope

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history / knowledge / optics

There is an ongoing discussion whether patents encourage or hinder innovation. Patents grant a temporary monopoly as an incentive for the inventor to commercialize the inventions and come up with follow-up innovations. However, many companies file patent applications to block competition even though the companies owning the patent do not intend to commercialize the invention. It is tempting to speculate what would have happened to many technologies were they patented or not. Although we can’t […]