The patent system certainly needs reform, but I think more along the lines of what gets accepted as a patent. Discovering what I would describe as a 'natural law' should not be patentable (but I think happens everyday), and those ideas should not be kept from human progress, imho. There's a line between research paper and patent, that I believe is blurred for profit.
But a true invention, a novel use of those laws, should be patentable. Are you saying that if you discover a novel use of natural laws, a product that could be capitalized, your own unique idea, that you should not be able to capitalize on it? Maybe this would work in a trek economy, but not with capitalism.
If your worried about innovation, how innovative could we be if discoveries/inventions were squandered because there are no protections if you happen to even mention your idea to someone?
I mean the patent is public information. If you want to have a go at selling it, buy it or license it from me and have at it. Otherwise, invent your own idea or wait for mine to expire.
Sounds like something a VC would say.
Have you considered that inventing things and selling them are two different skill sets?
The patent system needs reform, not elimination.