Earlier quoted context omitted.
I don't assume that at all, it's why I say a one size fits all approach makes no sense. Different things have different costs to develop, different value, different life span, different barriers to duplication and so on. Some of the things Apple have been granted patents to they'd have done if they had no protection at all, others they may not have bothered with. But it's easy to look at the success of the iPhone and…
With consumer demand in mind. Don't you agree that if an invention didn't see the light of day, doesn't that mean there wasn't a market for it in the first place? Then why does it matters if that invention wasn't put in market, if consumers didn't want it in the first place? Remember we're not trying to give benefits for inventors for no reason. We're trying to give consumers something they want. We're not trying to…
Say you're a one man start up and you invent something really cool in your garage. You start marketing it, get a bit of leverage and sell a few. It's going great, you've got some orders, get some money from an investor, you've got a proper workshop and are growing nicely.
Then Samsung or Apple see what you're doing and think it looks cool. They get their factories up to speed and throw a few million dollars into marketing (that you don't have needless to say) and before you know it they're selling millions. Everyone wants it, consumer demand is off the chart and no-one cares a jot about you in your workshop any more because Apple and Samsung can make the thing cheaper and get it to consumers faster.
So, it made it to market, there's plenty of demand and yet where's the incentive for you to do anything when you have your next great idea other than go and get drunk in a ditch because you've got no desire to get screwed over again?
Yes the consumer benefits from cheaper devices but they also benefit from great people having great ideas and being incentivised to do something with them because they know they could get a reward.
And that's before we get into talking about how we do want to encourage failure because if we try 1000 long shots, even if 90% of them fail, we'll have more great stuff than if we try 100 things and half of them work out. research risks benefit the consumer in the long term.