No link – patents cause market competition and follow-in innovation, not monocultures
Daniel F. Spulber, 2021 - Elinor Hobbs Distinguished Professor of International Business and Professor of Strategy at the Kellogg School of Management at Northwestern. The Case For Patents, https://www.worldscientific.com/doi/pdf/10.1142/9789811225666_0001 //DH
The market foundation role of patents implies that antitrust policy should support rather than weaken IP protections. When there is a market for inventions, competitive pressures, both among inventors and among producers who apply inventions, increase incentives to invent and to innovate.26 On the supply side of the market for inventions, competitive pressures increase incentives to invent and decrease royalties for inventions. On the demand side of the market for inventions, competition drives adopters’ incentives to purchase or license discoveries, introduce economic innovations based on those discoveries, and invest in complementary activities. Weakening of patents reduces incentives to participate in the market for inventions, leading inventors to protect their IP through other means such as trade secrets, R&D alliances, and vertical integration. In the absence of a market for inventions, competitive pressures tend to reduce incentives to invent and to innovate.