Not the same thing now, is it? Inventors invent and everyone benefits. The monopolies granted by the crown benefited only the friends of the crown.
They're only necessary to impart monopolistic profits on those with the most lawyers these days. I imagine you're aware of the term 'patent trolling'.
In my business I have protected more small businesses from big business IP thieves than you can imagine, so again you're ignorant.
People who want to profit from production, which is what creates wealth
Creation and innovation also create wealth. Without invention there would be no cell phones, would there.
Society benefits from production, not measures that curtail production.
Society also benefits from rewarding invention, and the debate is long over on this issue.
Not when the State enforces limits on production, which is the consequence of a patent system. (reducing supply, increasing prices)
In my business I have protected more small businesses from big business IP thieves than you can imagine, so again you're ignorant.
So you profit from the system of monopoly grants as well. Understood.
Creation and innovation also create wealth. Without invention there would be no cell phones, would there.
Invention predates patents. Patent law still retards cell phone improvement as companies currently seek to block competitor products (the actual product is wealth, not the notion of it), to the harm of public (higher prices, fewer choices).
Society also benefits from rewarding invention, and the debate is long over on this issue.
First to market is reward in itself. If patents are so good, why should they be allowed to expire?