A different take on the IP discussion

I forget where I saw this essay/speech linked, but I finally got around to finishing reading it during lunch today. Definitely a thought provoking read.
Mr. Graham makes some interesting points about where innovations are happening. I’m sure big companies would argue they’re generating plenty of innovation, but his points about company internal secrecy and the principles of openness vs. secrecy mesh with my experiences at large and small companies regarding IP as well as my personal views on openness being goodness. It combines to make me think he’s on to something. Time to buy more small cap stocks?
That just leaves the patent trolls. He seems confident that’ll be solved quickly…Here’s hoping. In the meantime I guess we’re mostly stuck waiting on legislatures?