Apple and Google Patent Lawsuits More Valuable than Innovations and Research

By JG Vibes
theintelhub.com
October 9, 2012

This week the New York Times reported that spending by Apple and Google on patent lawsuits and high dollar patent purchases exceeded spending on research and development of new products.  As many are aware, a patent is an exclusive monopoly privilege over an idea, which prevents new upstarts and entrepreneurs from replicating or expanding on already existing ideas.  The case against patents and intellectual property of any kind is very strong, and growing in support especially among younger people.

One of the most obvious and compelling points brought forward by opponents of intellectual property is the fact that these monopoly privileges are a disadvantage to the

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