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[News] Companies Donate Paper Monopolies to Free Software

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Open source patents: Four companies offer green tech to public domain

,----[ Quote ]
| So it turns out that the Eco-Patent Commons, which I wrote about back in 
| January, isn’t just another empty-handed cooperative industry effort. 
| 
| Three new companies, Bosch, DuPont and Xerox, have joined the effort and 
| another, Sony, has contributed an additional patent to the community. 
`----

http://blogs.zdnet.com/green/?p=1341


Recent:

Intellectual Property Regime Stifles Science and Innovation, Nobel Laureates
Say

,----[ Quote ]
| 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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