The objective behind the establishment of patent offices around the world has been to implement a mechanism for incentivizing innovation. The quid pro quo1 is: a limited period of monopoly in exchange for the earliest complete disclosure of the information about the new innovation. It is highly desired that there is fast dissemination of this new information so that the subsequent innovators work more efficiently by building upon what has already been done lest they start reinventing the wheel. This is very critical for faster promotion of science and art.
