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05.11.2007 (previous | next)
YES!

C|Net News Editor-at-Large Michael Kanellos sums up the case for IP:

Although it's not a really popular sentiment these days, I think patents, trademarks and copyrights are simply fantastic and a primary, necessary driver of the world economy. Without them, the rapid pace of technological innovation around the world would slow to a crawl. And frankly, without them, most open-source projects would rapidly wither away: without an intellectual property behemoth like Microsoft to fight, what would be the point?

Why all the frothy sentiment? Intellectual property provides one of the most dependable means toward wealth and independence in the world today. In the Dark Ages, one could obtain wealth by raising an army and burning someone else's kingdom to the ground. In the Gilded Age, those on the fast track had a secret weapon of success: they bribed state legislators to obtain canal and railroad contracts.

Unfortunately, those career options just aren't as viable as they once were. Instead, we have to invent stuff, and thus people should get compensated for the effort.

The quote is in the middle of an amusing story about the next Ocean Tomo IP auction, which will include film footage of Keith Richards almost getting electrocuted, the Beatles, and still photos.

Ocean Tomo also auctions patents:

Most of the lots involve chemicals (a formula for flexographic printing from Meat/Westvaco), wireless communications, medical devices (customized bone implants--a patent with a $200,000-plus value), green technologies (an efficient way to incinerate waste from our pals at KusuKusu Industry), or electronics (anyone care for a gas composition sensor from Accentus?).
As noted here earlier, the drive to make IP into negotiable property is on one of the most interesting recent developments in the IP world.

posted by James DeLong @ 9:11 AM | General

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Comments

You don't think there's any similarity between 19th century railroad lobbying for special favors and today's endless lobbying campaign for perpetual copyrights?

Posted by: Tim at May 11, 2007 10:37 AM

No, the railroad industry was marked by large conglomerates, and lobbying primarily benefitted them. The technology industries are the most decentralized and non-concentrated sector, and strong IP policies benefit new entrants and mid-sector entities. Small firms hold a disproportionate amount of patents, and IP gives small-independent creators bargaining chips with which to exchange with larger entities.

Posted by: Noel at May 11, 2007 10:59 AM

Noel, I'm glad you didn't try to suggest that the entertainment industries are decentralized, or that artists in those industries (other than those few with the prominence of Keith Richards) have any significant bargaining power.

Extolling the virtues of "IP" in the abstract sheds no light on any important policy questions, since despite your frequent insinuations there is no one of consequence (not even your favorite punching bag Richard Stallman) calling for the repeal of patent and copyright law in its entirety.

However, just because patent and copyright laws are beneficial, it doesn't follow that boundless expansion of those laws (such as the addition of paracopyright laws like DMCA Section 1201 and the proposed Broadcast Treaty) is also beneficial.

Praising intellectual property along with motherhood and apple pie is safe turf, but doesn't really contribute much.

Posted by: John Gordon at May 11, 2007 11:23 AM

John, I've stated elsewhere that I did not support the CTEA, and that software patents should be held under the same standards as other patents. I'm not sure where you gather I support the boundless expansion of IP.

Praising IP does contribute to discourse, because IP contributes to the economy. Free culture on the other hand...

Posted by: Noel at May 11, 2007 11:28 AM

Noel, my question was about perpetual copyrights. You responded by talking about patents.

Moreover, it's hard to see how extending the term of copyrights from 75 years to 95 years helps up-and-coming authors. By definition, those authors don't have any copyrights that are 75 years old.

Posted by: Tim Lee at May 11, 2007 12:37 PM

I'm partially with you on the CTEA Tim. I saw no reason to extend copyright terms, and absolutely so no reason to extend them retroactively.

But your first comment was about the larger issue of lobbying and policy- and in that aspect, copyright supports small-independent creators. While the CTEA may not have been necessary, or even adviseable, its beneficiaries are those small-independent entities that bring society creative and innovative productions.

Tell me exactly Tim, without strong copyright policy (or patents), how would a new market entrant negotiate or compete with established firms.

Posted by: Noel at May 11, 2007 12:45 PM

Tell me, what gives those established firms their power? Oh yeah, copyright and patent monopoly portfolios. In a free market, they wouldn't need to bend over for the established companies in the first place.


Posted by: Spumco at May 11, 2007 4:18 PM








 
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