The Case for Incremental Innovation: The Importance of Protecting Follow-on...
The value of such innovation is best measured through the improved health outcomes for patients. In this context, a few examples from the developing world are even more illustrative. Given that those...
View ArticlePromoting Innovation: The Economics of Incentives
Innovation is a powerful economic force and driver of both development and prosperity. Yet the Supreme Court’s recent decisions undermine the incentives to innovate in areas critical to future U.S....
View ArticleDoes Innovation Lead to Prosperity for All?
Whether innovation benefits the masses or just the elites has major policy ramifications. If the later, shouldn’t government insure a fair division of the economic pie? And is the patent system...
View ArticleA Strong Innovation Ecosystem is Needed for Job Creation
Speaking without notes, Walker was in rare form. He spoke about everything from job creation to the need to allow innovators to benefit from the fruits of their labors... If you want an engine to...
View ArticleAn Exclusive Interview with Robert Litan
LITAN: ''Cross industry variation in the use of patents shouldn’t mean that we should just junk the patent system. As I said, the alternatives to go to a system of trade secrets which has very, I...
View ArticleUnlocking Patents: The Cost of Failure, The Benefits of Success
LITAN: ''But let’s go back to the main point again from our paper, which is that we need to switch the national conversation about patents to doing a better job of exploiting what we have as opposed to...
View ArticleThe Importance of Patents and Academic Technology Transfer
This patenting step is absolutely crucial for the commercialization of inventions. In the absence of a strong intellectual property system – specifically patents – most of those inventions will never...
View ArticleWhat if we don’t have sufficient intellectual property rights?
Fundamentally, patents facilitate access to VC financing, market entry and job creation. Without patents and an effective IP environment, the process stalls and, in some cases, firms may never emerge....
View ArticleEurope sees value in a strong patent system, patent owners ability to enforce...
It is quite surprising to see that with all of the work being done to strengthen the patent systems across Europe with the creation of the Unified Patent Court, we see The Economist recently publishing...
View ArticleAs U.S. makes it harder for innovation, companies must diversify overseas to...
“At the end of the day innovation is important,” Jung explained before he lamented the fact that the United States “seems to be making it harder and harder to be competitive globally…” Jung ended his...
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