Patents are a deal made between innovators and governments. I especially dislike this term "intellectual property" because it tries to turn that deal into a right. That feels benign because the little guy innovator depends on rights. But what really happens is that it turns patents into a sacred object. They're not.
While it would be a bad idea to do so, mere legislation can set the terms of a patent to any length down to zero or out to forever. It's not a right. It's a deal meant to be beneficial to society in return for the government enforcing a limited term monopoly.
While it would be a bad idea to do so, mere legislation can set the terms of a patent to any length down to zero or out to forever. It's not a right. It's a deal meant to be beneficial to society in return for the government enforcing a limited term monopoly.