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Is the 15 Year US IP Trade Obsession Over?[->]
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| "As the news about ACTA gets nastier and publishers push to recapture
| publically funded research, there's some fresh air from former USPTO
| Commissioner, Bruce Lehman regarding "intellectual property" and US trade
| policy:
|
| [During Lehman's tenure at the USPTO] TRIPs Agreement was finalised, the
| DMCA passed into law and WIPOs two copyright treaties were developed.
| Lehman said that there was a widespread perception among Democrats that
| the US lowered its trade barriers in 1994 in the expectation that it
| would be able to switch to exporting high-tech products but, because IP
| protection remains poor in many countries, it hasnt been able to do
| this. "The bargain we thought we made in 1994 hasnt worked out as we
| expected," he said [and predicted IP would be sidelined by the Obama
| administration].
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http://slashdot.org/firehose.pl?op=view&id=3948537
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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