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Reason on IP Protection and Creativity

Posted by michael on from the piling-on dept.

rnturn writes "A long but interesting article over at Reasononline discusses a paper written by a pair of economists and published by the Federal Reserve Bank of Minneapolis (!) and the reactions to it of several other economists. A snippet from the article: 'Moreover, U.S. court decisions in the 1980s that strengthened patent protection for software led to less innovation. "Far from unleashing a flurry of new innovative activity," Maskin and Bessen write, "these stronger property rights ushered in a period of stagnant, if not declining, R&D among those industries and firms that patented most."' Not exactly news to most readers but it appears that their paper is making waves in economic circles."

1 of 265 comments (clear)

  1. Re:Now you may hate them. by Politburo · · Score: 1, Offtopic

    Now you may hate the entire country of France, but they have a saying, "Der er biler paa striben i aften"

    Now that's some crazy lookin' French.