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Yet Another Study Shows How Patents Create Suboptimal Innovation
,----[ Quote ]
| [O]nce again, the study found that a free market solution greatly outperforms
| a patent monopoly solution where the "first" provider gets a monopoly. The
| research was led by economist Peter Bossaerts and a team of others -- and it
| made a point that won't surprise anyone who's studied the economics of
| monopolies. Patents tend to function just like any other monopoly system: it
| shrinks the overall market, decreases net social benefit, provides
| monstrously excess rewards to a single provider and harms everyone else. In
| fact, the research found that the patent system created a massive
| disincentive for many people to participate in the very process, even if
| their contributions could have been quite helpful in speeding along the
| innovation.
`----
http://techdirt.com/articles/20090306/0159294018.shtml
Markets outperform patents in promoting intellectual discovery, say economists
,----[ Quote ]
| When it comes to intellectual curiosity and creativity, a market economy in
| which inventors can buy and sell shares of the key components of their
| discoveries actually beats out the winner-takes-all world of patent rights as
| a motivating force, according to a California Institute of Technology
| (Caltech)-led team of researchers.
`----
http://www.physorg.com/news155486207.html
Related:
WIPO patent committee embarks on positive agenda
,----[ Quote ]
| The fact that the WIPO patent committee has decided to request the
| International Bureau studies on “exceptions from patentable subject matter
| and limitations to the rights, inter alia research exemption and compulsory
| licenses” and “patents and standards” is testament that the WIPO of 2008 is
| not the WIPO that invoked “Intellectual Property as a Power tool for
| Development”.
|
| Here below is the Annex to the Summary by the Chair which lists the eighteen
| non-exhaustive list of issues for further elaboration and discussion in the
| future. This list includes such topics as “Economic impact of the patent
| system, Alternative models for innovation, Patents and health (including
| exhaustion, the Doha Declaration and other WTO instruments, patent
| landscaping) and Relation of patents with other public policy issues.”
`----
http://www.keionline.org/index.php?option=com_jd-wp&Itemid=39&p=124
Open Parliament
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| In private a government delegate compared
| Microsoft's public affairs methods with the scientology cult.
`----
http://www.noooxml.org/forum/t-54634/open-parliament
Intellectual Property Regime Stifles Science and Innovation, Nobel Laureates
Say
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| Patent monopolies are believed to drive innovation but they actually impede
| the pace of science and innovation, Stiglitz said. The current “patent
| thicket,” in which anyone who writes a successful software programme is sued
| for alleged patent infringement, highlights the current IP system’s failure
| to encourage innovation, he said.
|
| Another problem is that the social returns from innovation do not accord with
| the private returns associated with the patent system, Stiglitz said. The
| marginal benefit from innovation is that an idea may become available sooner
| than it might have. But the person who secures the patent on it wins a
| long-term monopoly, creating a gap between private and social returns.
`----
http://www.ip-watch.org/weblog/index.php?p=1129
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