“‘Our preferred policy solution is to abolish patents entirely,’ Michele Boldrin and David K. Levine wrote in a recently published paper. That statement, of course, flies in the face of the conventional wisdom that patents foster innovation and improve productivity. Both truisms, they say, are wrong. In fact, patents have a ‘negative effect on innovation,’ they say. Obviously, this is awfully radical, but it’s worth noting that 18 months after the largest patent reform legislation in decades — the America Invents Act — was signed by President Barack Obama, patent litigation has continued to increase.”
http://www.infoworld.com/print/212813
(Visited 31 times, 1 visits today)
Related posts:
Ron Paul: The War on Terror is Creating More Terror
Bitcoin: The Prison Cigarette of Global Currencies?
Ron Paul: Expanding Covert Warfare Makes Us Less Safe
To those who say ‘trust the government’: Remember J. Edgar Hoover’s FBI?
Bankruptcy Litigation Does Not Generate New Wealth
“Stalin Would Love This…”
Do Humanitarian Concerns Give the U.S. A Right to Bomb Syria?
Joe Weisenthal: I'm Changing My Mind About Bitcoin
About the Federal Reserve Police
Sheldon Richman: No 'Compensation' to Israel for Iran Deal
Bill Bonner: Is it time to choose sides in Egypt?
CIA Should Probably Stop Having Drones Fire Again On Whoever Shows Up After a Strike
Jim Rogers: Need to abolish capital controls, cut public spending in India
German Government Takes Off Mask, Emerges As Fascist Dictatorship
Can We Ever Trust Black Market Websites Again?