
Suzanne Scotchmer – Nonobviousness, Option, and the Scarcity of Ideas
Overview:
Obvious = ideas come rapidly
Nonobvious = where ideas are scarce, or a long wait between ideas
Solutions: private incentives to create should be based on how much you speed up progress or should be granted only to “Scarce” ideas.
Brian’s response: This idea helps limit patents in fast moving field like software. Another option would be to limit the length of patents in fast moving field. If it would come about naturally in 5 months why should we grant a 20 year patent.
