Below is the wall posting from "I bet Ludwig von Mises...". I posted contrary opinions and here are our exchanges.
And my friend Jules Calagui, also posted the same article. Here are our exchanges.
Nonoy Oplas Jules, not all people, not all dogs, not all ideas, are the same. Mediocre ideas are everywhere, they don't need protection. Bright ideas are scarce, they need protection, http://
Meanwhile, here are portions of Mr. French's article:
But studies have not shown any net gain from patent-law-induced innovation. Kinsella suggests,
This quote, "studies have not shown any net gain from patent-law-induced innovation." Really? Then we are not experiencing piecemeal, marginal changes and improvements in technology? Current brand of cell phones and TV are almost the same as the cell phones and TV 5 or 10 years ago?
The statement by Kinsella is more wild guess than statement of facts. Why? One can go to N. Korea or Zimbabwe or Somalia, I think they have no patent laws there, no copyright and trademark laws. Are there more innovations, more money for R&D there, compared to the US, Europe, Japan, S. Korea where there are lawsuits and patent wars?
The third paragraph, I think it's not only in IPR and innovation that there are plenty of lawsuits and litigations in America. In corporate mergers, corporate in-fighting, healthcare, etc., there are plenty of litigations too. The series of diagnostic tests required by physicians before they will diagnose their patients and prescribe certain medications -- which make healthcare and treatment very expensive in the US -- is a result of frequent lawsuits and physicians paying huge amount of legal insurance to protect them from potential lawsuits by their patients in the future citing "medical malpractice".
There could be additional exchanges later today, I will update this posting later when those counter-arguments will be posted..
On IPR Abolition 6: Blog Ownership and Drug Molecules, May 16, 2011
On IPR Abolition 7: Ideas Cannot be Owned?, May 18, 2011
On IPR Abolition 8: Data Exclusivity in the Proposed EU-Philippines FTA, June 06, 2011
On IPR Abolition 9: Seed Patent and Explosion of Seed Varieties, June 14, 2011
On IPR Abolition 10: Debate with Mises Blog IPR Abolitionists, June 14, 2011
On IPR Abolition 11: Trademark and Brands, September 05, 2011
On IPR Abolition 12: Patent, Mini-Monopolies and Trademark, September 20, 2011