Patents, Innovation, and Privatization

Science and Engineering Ethics 16 (4):777-781 (2010)
Abstract
The framers of the U.S. Constitution believed that intellectual property rights were crucial to scientific advancement. Yet, the framers also recognized the need to balance innovation, privatization, and public use. The courts’ expansion of patent protection for biotechnology innovations in the last 30 years raises the question whether the patent system effectively balances these concerns. While the question is not new, only through a thorough and thoughtful examination of these issues can the current system be evaluated. It is then a policy decision for Congress if any change is necessary
Keywords Patents  Product of nature  Innovation  Privatization
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