"All truths are easy to understand once they are discovered. The point is to discover them." - Galileo Galilei.
As Galileo observed centuries ago, the discovery of something new is a great treasure. Unfortunately, these discoveries do not come along every day, and when they do, much effort is expended in converting them into a commercially successful product. Unfortunately, as Galileo also observed, once this has been done by the discoverer, copying is much easier.
By providing protection for innovations through patents, the patent system has for several centuries provided vital incentive to businesses and individuals to risk investment in research, development, and marketing new products. In the United States, more than eight million patents have been granted to inventors ranging from individuals to employees of the largest corporations.
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