On Fri, 2006-02-10 at 18:39 +0100, Alexander Terekhov wrote: > ................................ The dynamic benefit of a property > right is the incentive that the right imparts to invest in the > creation or improvement of a resource ......................... > ............................................................ > ...................................... For example, a firm is less > likely to expend resources on developing a new product if competing > firms that have not borne the expense of development can duplicate > the product and produce it at the same marginal cost as the > innovator; competition will drive price down to marginal cost, and > the sunk costs of invention will not be recouped.
Nicely put piece of non-sequitor FUD :) If the history of Free Software proves anything, it's the opposite of this "theory". Rui
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