How Patents Hurt The Poor

Patently problematicAn important new study shows the promise, and pitfalls, of intellectual-property rights for the poor

Today, IPR law is the focus of intense interest, and it is not just lawyers who are paying attention. The original purpose of patents was to encourage innovation, and thus growth, by creating an incentive for inventors to disclose the details of their inventions in exchange for a limited monopoly on exploitation. Some argue that the modern system of IPR law is having the opposite effect

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