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Difference between revisions of "US FTC 2003 report on innovation"
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From the section G "Conclusion" (pdf p.164) of the section "The Software and Internet Industries": | From the section G "Conclusion" (pdf p.164) of the section "The Software and Internet Industries": | ||
| − | :"Many panelists and participants | + | :"Many panelists and participants expressed the view that software and Internet patents are impeding innovation. They stated that such patents are impairing follow-on incentives, increasing entry barriers, creating uncertainty that harms incentives to invest in innovation, and producing patent thickets. Panelists discussed how defensive patenting increases the complexity of patent thickets and forces companies to divert resources from R&D into obtaining patents. Commentators noted that patent thickets make it more difficult to commercialize new products and raise uncertainty and investment risks. Some panelists also noted that hold-up has become a problem that can result in higher prices being passed along to consumers." |
| − | expressed the view that software and | ||
| − | Internet patents are impeding innovation. | ||
| − | They stated that such patents are impairing | ||
| − | follow-on incentives, increasing entry | ||
| − | barriers, creating uncertainty that harms | ||
| − | incentives to invest in innovation, and | ||
| − | producing patent thickets. Panelists | ||
| − | discussed how defensive patenting increases | ||
| − | the complexity of patent thickets and forces | ||
| − | companies to divert resources from R&D | ||
| − | into obtaining patents. Commentators noted | ||
| − | that patent thickets make it more difficult to | ||
| − | commercialize new products and raise | ||
| − | uncertainty and investment risks. Some | ||
| − | panelists also noted that hold-up has become | ||
| − | a problem that can result in higher prices | ||
| − | being passed along to consumers." | ||
| − | |||
| − | |||
[[Category:Reports and studies]] | [[Category:Reports and studies]] | ||
[[Category:USA]] | [[Category:USA]] | ||
Revision as of 12:06, 23 February 2009
2003 US FTC report on innovation, particularly pages 153 to 165 (from [1])
Quotes
From the section G "Conclusion" (pdf p.164) of the section "The Software and Internet Industries":
- "Many panelists and participants expressed the view that software and Internet patents are impeding innovation. They stated that such patents are impairing follow-on incentives, increasing entry barriers, creating uncertainty that harms incentives to invest in innovation, and producing patent thickets. Panelists discussed how defensive patenting increases the complexity of patent thickets and forces companies to divert resources from R&D into obtaining patents. Commentators noted that patent thickets make it more difficult to commercialize new products and raise uncertainty and investment risks. Some panelists also noted that hold-up has become a problem that can result in higher prices being passed along to consumers."
