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Quote: “Patents do not stifle innovation…”

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Patents do not stifle innovation any more than copyright laws stifle creativity. (…)

Patents ensure the people who put in the time and effort to achieve success are rewarded for that effort, and thereby encourage them to go back to the chalkboard to develop the next big thing. But just as importantly, patents prevent others from reaping all of the benefits of someone else’s endeavors without doing any of the hard/expensive groundwork. ”

Willis, Randall C. Out of order: patently absurd. Drug Discovery News, May 2012. Available from: http://drugdiscoverynews.com/index.php?newsarticle=6127 [Accessed 24th of May 2012]

Written by hbasset

May 24, 2012 at 5:39 pm

Posted in Patents

Tagged with ,

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