On the recordApril 17, 1997
Therefore, publication has a number of benefits to inventors, including knowing that you are not wasting your time doing something that somebody else is already ahead of you on, and getting capital investment in your invention sooner because they know that you are the first out there because you are the first published and therefore they can invest in you sooner than they can if they have to wait until they are sure you are going to get the patent because they do not know under our current secret process whether or not somebody else got in there ahead of you. This is a benefit to the small investor, not a harm.
Source
govinfo.gov




