Patents were meant to reward inventions. It’s time to talk about how they might not

Wed, 20 Sep 2023 05:09:08 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/patents-were-meant-to-reward-inventions-its-time-to-talk-about-how-they-might-not-211518>

"For hundreds of years, we’ve been told patents help deliver big new
inventions, such as life-saving drugs.

They are meant to be a bargain between the inventor and the public: tell us how
your invention works, and we’ll give you a fixed time – a patent protection
period – in which you’re the only person who can make use of it.

Such exclusive rights make it easier for inventors to profit from their
investments in research and development, and in theory encourage innovation we
wouldn’t get otherwise, which benefits us all.

We’ve long had to accept this bargain on faith. But those core assumptions
about patents are increasingly being subject to empirical testing, and – as we
detail in a new podcast starting this week – often coming up short."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

Comment via email

Home E-Mail Sponsors Index Search About Us