defending the right to innovate
Monopoly corrupts. Absolute monopoly corrupts absolutely.
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It is commonly thought that patents are good because people reveal secrets rather than keeping them. But they keep secrets about intermediate results so that they can be first to patent. Via Pedro Dal Bo a remarkable video about what happens when pharmaceutical discoveries aren't kept secret. It's a bit ironic that people think that for pharmaceuticals patents are the only answer.
Of course patents are not the "only" answer. That is just plain dumb. There are multiple business models for pharmaceuticals, with multiple motivations. There are non-profit labs whose motivation is tackling a specific disease. There are government labs whose motivation is continued public funding. There are university labs whose motivations are prestige, publication, and patents/profit. Then there are for-profit labs whose motivation is making money. Eliminate any of the motivations, and you reduce the contributions from that source.
Conversely, implementing patents where none have been eliminated before is hardly the catastrophe that some people tried to make it out to be. When patents on pharmaceuticals were implemented in Italy, some people predicted the Italian pharmaceutical industry was headed for doom. In fact, the Italian pharmaceutical industry is not only about as strong as it was when patents were implemented, it appears to be one of the most robust pharmaceutical industries in the world.
Patents are not evil or the devil, they are just a business model with its own motivations, rewards, and contributions to the advancement of knowledge.
[Comment at 10/13/2012 08:47 AM by Anonymous]
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Rights Violations Aren't the Only Bads I hear that nonsense from pro-IP people all the
at 04/07/2014 04:47 AM by Dan McCracken
Intellectual Property Fosters Corporate Concentration Yeah, I see the discouragement of working on a patented device all the time. Great examples
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Patent Lawyers Who Don't Toe the Line Should Be Punished! Moreover "the single most destructive force to innovation is patents". We'd like to unite with you
at 11/24/2013 10:48 AM by SpaceCorp Technologies
at 11/20/2013 03:18 PM by Anonymous
Does the decline in total factor productivity explain the drop in innovation? So, if our patent system was "broken," TFP of durable goods should have dropped. Conversely, since
at 11/02/2013 08:09 PM by Anonymous
Does the decline in total factor productivity explain the drop in innovation? I wondered about TFP, because I had heard that TFP was increasing. Apparently, it depends on who
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Patents on 3D Printing Challenged by Prior Art To Loup Vaillant: "So, you think we wouldn't have had those 9 technologies without patents? I can
at 09/13/2013 04:22 PM by Anonymous
Patents on 3D Printing Challenged by Prior Art @anonymous: So, you think we wouldn't have had those 9 technologies without patents? I can accept
at 09/10/2013 03:56 PM by Loup Vaillant
Patents on 3D Printing Challenged by Prior Art The fact is that in the last 20-25 years the technologies of rapid prototyping (today known as
at 09/03/2013 06:06 PM by Anonymous