Re: Intellectual Property II

[Rui Miguel Silva Seabra]

On Fri, 2006-02-10 at 18:39 +0100, Alexander Terekhov wrote:
> ................................ The dynamic benefit of a property 
> right is the incentive that the right imparts to invest in the 
> creation or improvement of a resource .........................
> ............................................................
> ...................................... For example, a firm is less 
> likely to expend resources on developing a new product if competing 
> firms that have not borne the expense of development can duplicate 
> the product and produce it at the same marginal cost as the 
> innovator; competition will drive price down to marginal cost, and 
> the sunk costs of invention will not be recouped.

Nicely put piece of non-sequitor FUD :)

If the history of Free Software proves anything, it's the opposite of
this "theory".

Rui

signature.asc
Description: This is a digitally signed message part