Posts tagged "intellectualproperty"

Copyright and patents in the time of crowdfunding

Many things were already said about how Internet makes distribution faster and cheaper and how this is putting under the question rationale for copyright and patents. But Internet through facilitation of crowdfunding is changing also the money flow around the production itself, changing the nature of the investment which arguably has to have a protection of exclusivity to return on the investment. Crowdfunding is changing this because it allows creators to skip the investment-return cycle and directly fund the creation from its users. As such, copyright and patents are obsolete.

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