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Patents and Property Rights
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| A patent is not the ownership of a pre-existing thing that needs an owner.
| Rather, the things over which the patent system gives people ownership are
| the creations of patent law. And in many cases, it makes little sense to talk
| about them as “things” at all."
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http://techliberation.com/2009/02/09/patents-and-property-rights/
How Patent Trolls Are A Tax On Innovation
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| I've written on the subjects of patents before on this blog and on the Union
| Square Ventures weblog. There have been good discussions around this issue,
| both in this post and in the sessions event that the USV weblog posts talks
| about. At this point, after 22 years in the venture capital business and
| countless hours discussing this issue, I come out on the side of less patent
| protection in information technology, no patent protection for software and
| business methods, and first and foremost the elimination of patent trolls.
`----
http://www.avc.com/a_vc/2009/02/how-patent-trolls-are-a-tax-on-innovation.html
Recent:
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
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
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