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[News] Intellectual Monopolies as Means Suppression

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Big business against technology transfer and for exclusive deals of the
developed world

,----[ Quote ]
| Today ( Friday 5 December) the World Business Council for Sustainable 
| Development (WBCSD) organised a side event on 'the business contribution to a 
| new climate agreement'.  
| 
| With 65 lobbyists, the WBCSD is one of the bigger business lobbying bodies in 
| Poznan. It represents over 200 transnational corporations, most of them 
| headquartered in Europe, Japan and North America, employing 'over 3 million 
| employees and a combined turnover of 7 trillion dollars'.   
| 
| [...]
| 
| On access to intellectual property and the much needed technology transfer 
| that will permit to the Global South to deal with urgent mitigation and 
| adaptation challenges, WBCSD representatives called it "completely 
| unacceptable for industry" that a UN climate agreement would include 
| compulsory licensing of patents. They want technology transfer only to take 
| place through projects that require the participation of multinationals.     
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http://climatecrashers.blogspot.com/2008/12/big-business-against-technology.html


Recent:

Economist Critic of Software Patents gets Nobel Prize

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| The FFII congratulates Eric S. Maskin, an economist who has long criticised
| the patenting of software, for receiving the 2007 Nobel Prize for Economics.
| Prof. Maskin and two colleagues receive the Prize for research into the
| optimal design of economic mechanisms. By applying his theory to the IT
| sector, Maskin demonstrated "that in such a dynamic industry, patent
| protection may reduce overall innovation and welfare."
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http://press.ffii.org/Press_releases/Economist_Critic_of_Software_Patents_gets_Nobel_Prize


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.
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http://www.ip-watch.org/weblog/index.php?p=1129
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