Patents give an incentive to actually do the R&D for new products and projects?
when Sir Frederick Banting invented insulin, he patented it not for greed, but to protect it from the patent system. he famously said, ''Insulin does not belong to me, it belongs to the world.''
a hundred years since then, and corporations have patented new forms of insulin that slightly changed the original formula. they sue anyone who tries to make generic insulin, in order to prevent competition. the EXACT FUCKING THING BANTING TRIED TO PREVENT. the patent system is a weapon that has literally taken untold thousands of lives just from that one example.
patents don't incentivize shit, and you're just the latest person without critical thinking skills to fall for that capitalist bullshit propaganda. the patent system exists for one reason, and that's to monetize ideas so that corporations can choose who gets to improve the world based on who has the biggest wallet.