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[News] Intellectual Monopolies an Enemy of Innovation

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Copyright Needs Limits, As It Restricts Innovation

,----[ Quote ]
| The ultimate irony is that when innovators follow the law and license content 
| as they have through a "creative commons" license, they are criticized as 
| opponents of copyright. Such a view ignores the numerous successes by the 
| army of content lobbyists, and the fact that those who occasionally oppose 
| their excesses, like technology innovators, are less interested and reliant 
| on lobbying and more dependent on free market forces.     


Gary Shapiro: The Copyright Lobby Is Restricting Innovation And It Needs To



Research on Copyright and Innovation

,----[ Quote ]
| So, in that context, I’ve released my research report as a working paper in
| the Social Science Research Network’s online repository of scholarly works. I
| haven’t yet had a chance to read the Conference Board’s reports as closely as
| I plan to over the coming days, but I’ll be curious to see how the reports
| align with my own research on the links between IP and innovation, and with
| my independent policy recommendations.


Intellectual Monopoly is an Unnecessary Evil

,----[ Quote ]
| In a rush to stimulate the economy, the Obama administration is touting
| various "visionary" plans to make the American economy more progressive, more
| innovative, and more forward-looking by subsidizing politically-motivated
| projects like "green" technology. These hands-on policies will be
| ineffective. Recent research suggests that a much more effective way to
| accomplish the same goals would be to eliminate intellectual monopoly and to
| reduce the regulatory burdens on innovators.
| According to conventional wisdom in economics, temporary monopoly
| rights--patents--are necessary to give people incentives to come up with
| newer, better ideas. After all, if people who came up with new ideas could
| see those new ideas copied without cost by competitors, why bother spending
| the time and energy? Hence, we have patents.
| [...]
| Progress is also slowed by the regulation of food and drugs, which requires
| years of extensive and expensive testing before a drug can be approved for
| sale. This means that some lives are saved because people are restricted to
| hyper-safe drugs, but the lives saved come at the cost of lives that are lost
| because the appearance of these drugs on the market is delayed. Further,
| other drugs that would be useful but might carry greater risks never make it
| to the market to begin with.


Microsoft Product Improvement Is Not Innovation

,----[ Quote ]
| Wow. To those who say that there are no Microsoft fans, the messages from my
| last blog entry prove you wrong. One of the complaints was my assertion that
| Microsoft does not innovate anymore; perhaps the problem is in the definition
| of that word. To me, slow but steady improvement in existing products and
| services isn't innovation, it's maintenance and support. Those are important
| things, no doubt, especially to existing customers, but they're not the same
| as innovation.

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