Viewpoints
Opinion

Innovation Does Not Require the Patent Office

Innovation Does Not Require the Patent Office
An advertisement for Holly's patent rotary steam fire engines circa 1865. Kean Collection/Getty Images
|Updated:
0:00
Commentary

Years ago, when the patent battles were first heating up, I spoke to a gentleman who had started and sold four companies. He was then working on a new project that sounded very promising (for all I know, he has already sold that one, too). We had just heard a talk in which the speaker told people that the whole key to business success in our time is patent ownership. Without it, no business can really succeed.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]