Bonum Certa Men Certa

It's Official: Patents Stifle Innovation

"IP is often compared to physical property rights but knowledge is fundamentally different."

--Professor Joseph Stiglitz



Summary: Scientific study supports what everyone already knows -- that intellectual monopolies reduce pace of progress

From Glyn Moody comes the following valuable pointer:

i. Patents Don't Promote Innovation: Study

It's extraordinary how the myth that patents somehow promote innovation is still propagated and widely accepted; and yet there is practically *no* empirical evidence that it's true. All the studies that have looked at this area rigorously come to quite a different conclusion.


Moody adds the following:

ii. G8 on Intellectual Monopolies: Not so Great

Alongside the main show of the G8 circus, there are a number of supporting acts that run in parallel with it. One of these is the “G8 Intellectual Property Experts Group” (IPEG).

[...]

As you might expect, IPEG gets terribly excited by the Anti Counterfeiting Trade Agreement (ACTA), but there's something else it is also in favour of, that is new to me...

[...]

This kind of confusion is typical of a document that has a distinct air of desperation about it. It suggests that the fans of intellectual monopolies are beginning to flail around for a handhold – any handhold – in an attempt to defy the pull of history, and to lock down knowledge through the use of overlong copyright and overbroad patents while they can. It is a further sign of increasing irrelevance of the G8 meeting as power begins to shift to the developing world, which has quite different ideas and priorities when it comes to enforcing Western monopolies on their internal markets.


And in other news, Mike Masnick uses the following story to show how patents can damage the environment by impeding competition.

iii. Toyota Builds Thicket of Patents Around Hybrid To Block Competitors

The Japanese company is betting the rules will give an advantage to its expanding lineup of hybrid vehicles, and it also aims to boost revenue by licensing to other car makers the patents that protect its fuel-saving technologies.


This all sounds wonderful for Toyota, but what about society as a whole? There have been other notable examples recently of patents that harm global climate and then there's Bill Gates' latest anti-philanthropy and promotion of US drug patents. How are hostage situations beneficial?

"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" —Pr Joseph Stiglitz (Nobel Laureate in Economics), IP-Watch

Comments

Recent Techrights' Posts

[Video] Microsoft Got Its Systems Cracked (Breached) Again, This Time by Russia, and It Uses Its Moles in the Press and So-called 'Linux' Foundation to Change the Subject
If they control the narrative (or buy the narrative), they can do anything
 
Sven Luther, Lucy Wayland & Debian's toxic culture
Reprinted with permission from disguised.work
Chris Rutter, ARM Ltd IPO, Winchester College & Debian
Reprinted with permission from disguised.work
Links 19/04/2024: Israel Fires Back at Iran and Many Layoffs in the US
Links for the day
Russell Coker & Debian: September 11 Islamist sympathy
Reprinted with permission from disguised.work
Sven Luther, Thomas Bushnell & Debian's September 11 discussion
Reprinted with permission from disguised.work
G.A.I./Hey Hi (AI) Bubble Bursting With More Mass Layoffs
it's happening already
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, April 18, 2024
IRC logs for Thursday, April 18, 2024
Coroner's Report: Lucy Wayland & Debian Abuse Culture
Reprinted with permission from disguised.work
Links 18/04/2024: Misuse of COVID Stimulus Money, Governments Buying Your Data
Links for the day
Gemini Links 18/04/2024: GemText Pain and Web 1.0
Links for the day
Gemini Links 18/04/2024: Google Layoffs Again, ByteDance Scandals Return
Links for the day
Gemini Links 18/04/2024: Trying OpenBSD and War on Links Continues
Links for the day
IRC Proceedings: Wednesday, April 17, 2024
IRC logs for Wednesday, April 17, 2024
Over at Tux Machines...
GNU/Linux news for the past day
North America, Home of Microsoft and of Windows, is Moving to GNU/Linux
Can it top 5% by year's end?
[Meme] The Heart of Staff Rep
Rowan heartily grateful
Management-Friendly Staff Representatives at the EPO Voted Out (or Simply Did Not Run Anymore)
The good news is that they're no longer in a position of authority
Microsofters in 'Linux Foundation' Clothing Continue to Shift Security Scrutiny to 'Linux'
Pay closer attention to the latest Microsoft breach and security catastrophes
Links 17/04/2024: Free-Market Policies Wane, China Marks Economic Recovery
Links for the day
Gemini Links 17/04/2024: "Failure Is An Option", Profectus Alpha 0.5 From a Microsofter Trying to Dethrone Gemini
Links for the day
How does unpaid Debian work impact our families?
Reprinted with permission from Daniel Pocock
Microsoft's Windows Falls to All-Time Low and Layoffs Reported by Managers in the Windows Division
One manager probably broke an NDA or two when he spoke about it in social control media
When you give money to Debian, where does it go?
Reprinted with permission from Daniel Pocock
How do teams work in Debian?
Reprinted with permission from Daniel Pocock
Joint Authors & Debian Family Legitimate Interests
Reprinted with permission from Daniel Pocock
Bad faith: Debian logo and theme use authorized
Reprinted with permission from Daniel Pocock
Links 17/04/2024: TikTok Killing Youth, More Layoff Rounds
Links for the day
Jack Wallen Has Been Assigned by ZDNet to Write Fake (Sponsored) 'Reviews'
Wallen is selling out. Shilling for the corporations, not the community.
Links 17/04/2024: SAP, Kwalee, and Take-Two Layoffs
Links for the day
IRC Proceedings: Tuesday, April 16, 2024
IRC logs for Tuesday, April 16, 2024
Over at Tux Machines...
GNU/Linux news for the past day