Final answer:
Patents are granted for a variety of new and useful inventions, not just revolutionary breakthroughs. In fast-paced industries, the role of patents can be less significant due to rapid technological advances.
Step-by-step explanation:
The statement that patents should only be granted for big revolutionary breakthroughs is false. Patents are granted for the invention or discovery of any new and useful process, product, or machine, regardless of whether they are considered revolutionary. They are intended to provide an incentive for innovation. In fast-moving industries like biotechnology or semiconductor design, the relevance of patents can be challenged as technology evolves very rapidly, which can make the protection offered by patents less significant in the longer term. Moreover, the patent system is not without its drawbacks; it is a complex balance between encouraging innovation and preventing monopolies.