What are your Opinions on Patents?

In the UK patents do not apply to software which is protected by copyright - which is an automatic unregistered right. On balance I think patents are a good thing because they help ensure that the rewards for new products or processes go to those who devised them, or to those they sold the rights to. In exchange for a monopoly on the right to produce or import into the UK the owner of the patent (often not the inventor) has to pay fees to the Intellectual Property Office and make a full disclosure of the invention. The full disclosure is often helpful to others who make incremental improvements.

Maybe start with the premise that patents are for the general good of the public, where the inventor is enticed to disclose inventions to the world in exchange for a limited monopoly on the commercial rights. This accelerates innovation as other inventors do not have to re-invent everything, and they can either license existing patents or try to engineer new ways to do the "same thing" without violating the patents of others. Compare with "trade secrets" that do not get published and so nobody knows what it does, how it does it, or how to make one.

The other answers are good. I'll say that I don't agree that patents on software - as opposed to copyrights - are good for anything but the software developer. Same for patents on genetic engineering. I won't go on and on, and it's only one POV, but I don't think it's healthy for society or innovation at all. I'm not alone in these thoughts. I believe that patents should be reserved for "hard" things - electronics, bicycles, auto parts. Just my opinion but, again, I'm not the only one.

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