"Our preferred policy solution is to abolish patents entirely"
February 6, 2013 7:28 AM Subscribe
"The historical and international evidence suggests that while weak patent systems may mildly increase innovation with limited side effects, strong patent systems retard innovation with many negative side effects." "innovations leading to the creation of a new industry .. is seldom, if ever, born out of patent protection and is instead the fruit of a competitive environment." — Boldrin and Levine. The Case Against Patents. J. Economic Perspectives. (huffpo)
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