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TIIP points us to the news that the Australian government is considering an overhaul of that country's patent system after being presented with research showing how much the system was actually holding back innovation in that country. Specifically, the report showed that the ease of getting a patent in Australia was leading to way too many bad patents being granted, which were then being used to stifle innovation and investment. It's always good to see at least some folks in governments around the world are finding out that "more patents" does not equal "more innovation."

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