Patent protection would take years to be approved. Even if it is approved, how they can prevent their ideas being stolen during the application.
Also, ideas are often not worthy. Big tech can come up better solution better execution so how can one protect their ideas ?
For example, in the early stage of youtube, big tech have all the resources to recreate a similar platform but why didnt they do that ? If youtube was not just popular at that time, will their ideas silently stolen by big giant ?
In: 6
They can’t really.
Take Uber, for example. It was the first ridesharing platform (I believe) and was very quickly copied by Lyft. Or DoorDash, Ubereats, whatever.
That being said, usually new tech ideas start off super small so nobody thinks of copying them. When they grow bigger, some copies/variations will come out, or the original company grows big enough so that it’s hard for any copies to compete.
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