The Latest New Thing is almost always expensive, for various reasons. Inventors spend a great deal of time and capital developing it. Patent protection gives them exclusive rights to manufacture or license it for a little while.----And as soon as The Latest New Thing looks like a winner in the market, everyone else goes to work making something like it. Only better. And cheaper.
The Latest New Thing is almost always expensive, for various reasons. Inventors spend a great deal of time and capital developing it. Patent protection gives them exclusive rights to manufacture or license it for a little while.----And as soon as The Latest New Thing looks like a winner in the market, everyone else goes to work making something like it. Only better. And cheaper.
Share this Article
Recommended