Wednesday, October 17, 2007

Citizens Against Gov't Waste Publishes Issue Paper on IP Rights

Citizens Against Government Waste (CAGW) recently released a paper, titled "Property Rights in the 21st Century," which examines the importance of protecting personal and intellectual property rights in the U.S. and around the world:

As more governments develop policies that threaten intellectual property, there will be less investment in technology research and development. Individuals and companies will not wish to spend the vast sums of money that are needed to create new products if they believe that the fruits of their labor will be taken away without sufficient, or any, compensation. That is one reason for the growing movement
toward open innovation. The concept is to create new brands by licensing technologies from other companies around the world, and getting more out of the unused ideas from technology created within the company itself. This protects everyone’s intellectual property and encourages innovation in a costeffective
and productive manner.

The paper is written in three parts:

Part I - A Tale of Two Continents (contrasting U.S. view on business and innovation versus the EU)

Part II - International Property Rights: Making the World a Safer Place to Live, Work, & Trade

Part III - Defining Markets In Innovation: A Closer Look at Intellectual Property

Download/Read the paper here (link)

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