IP

I had a very interesting meeting yesterday with an MIT Professor who I’ve known for a long time. He is anti-software patent, as am I. However, he suggested something I hadn’t really spent much time thinking about, namely that patents slow down innovation. Some very credible folks have been talking about this for a little while, including James Bessen and Michael Meurer in their excellent book Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk . ...