Navigation Links
Do intellectual property rights on existing technologies hinder subsequent innovation?
Date:3/27/2013

A recent study published in the Journal of Political Economy suggests that some types of intellectual property rights discourage subsequent scientific research.

"The goal of intellectual property rights such as the patent system is to provide incentives for the development of new technologies. However, in recent years many have expressed concerns that patents may be impeding innovation if patents on existing technologies hinder subsequent innovation," said Heidi Williams, author of the study. "We currently have very little empirical evidence on whether this is a problem in practice."

Williams investigated the sequencing of the human genome by the public Human Genome Project and the private firm Celera. Genes sequenced first by Celera were covered by a contract law-based form of intellectual property, whereas genes sequenced first by the Human Genome Project were placed in the public domain. Although Celera's intellectual property lasted a maximum of two years, it enabled Celera to sell its data for substantial fees and required firms to negotiate licensing agreements with Celera for any resulting commercial discoveries.

By linking a number of different datasets that had not previously been used by researchers, Williams was able to measure when genes were sequenced, which genes were held by Celera's intellectual property, and what subsequent investments were made in scientific research and product development on each gene. Williams' conclusion points to a persistent 20-30 percent reduction in subsequent scientific research and product development for those genes held by Celera's intellectual property.

"My take-away from this evidence is that at least in some contexts intellectual property can have substantial costs in terms of hindering subsequent innovation," said Williams. "The fact that these costs were in this context 'large enough to care about' motivates wanting to better understand whether alternative
'/>"/>

Contact: Adam Gannaway
agannaway@press.uchicago.edu
773-702-2037
University of Chicago Press Journals
Source:Eurekalert

Page: 1 2

Related biology news :

1. Too much protein HUWE1 causes intellectual disability
2. Fragile X and Down syndromes share signalling pathway for intellectual disability
3. New form of intellectual disability discovered
4. Tiny algae shed light on photosynthesis as a dynamic property
5. Study shows resources giveaway in Latin America; Outdated model tramples human rights, environment
6. Research warns Asia unlikely to achieve climate, poverty goals unless womens rights are recognized
7. BP Deepwater Horizon oil spill exacerbated existing environmental problems in Louisiana marshes
8. Stanford scientists calculate the carbon footprint of grid-scale battery technologies
9. Psychemedics & TruTouch Announce US Sales/Marketing Distribution Agreement For TruTouch Technologies Rapid Optical Alcohol Detection & Biometric Test
10. Althea Technologies & Profectus BioSciences Sign Manufacturing Agreement For Plasmid DNA Production
11. University of Colorado and Orphan Technologies sign agreement
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/16/2014)... new synthesis of recent research findings to inform their ... two states. , The Ecology and Management of ... Synthesis of the Relevant Biophysical Science and Implications for ... the U.S. Forest Service,s Pacific Northwest Research Station, is ... a synthesis of the large body of scientific information ...
(Date:10/16/2014)... -- NXT-ID, Inc. (NASDAQ: NXTD and ... focused on the growing mobile commerce market announces that ... Smart Wallet, at the 13 th annual Future ... conference on the intersection of technology and the economy. ... founder and publisher of the Strategic News Service™, the ...
(Date:10/15/2014)... rapidly and to an unexpected extent. The outbreak does ... the virus shows a new disease dynamic in regions, ... reason, the German National Academy of Sciences Leopoldina, acatech ... the Union of the German Academies of Sciences and ... today. , In the statement the academies call for ...
Breaking Biology News(10 mins):New report synthesizes best available science on management of moist mixed-conifer forests 2NXT-ID Inc. to Present at 13th Annual FiRe Conference 2NXT-ID Inc. to Present at 13th Annual FiRe Conference 3Academies call for consequences from the Ebola virus epidemic 2Academies call for consequences from the Ebola virus epidemic 3Academies call for consequences from the Ebola virus epidemic 4Academies call for consequences from the Ebola virus epidemic 5
... will receive $1.3 million over the next five years ... Kidney Diseases (NIDDK) for research that will help better ... development of novel treatments to reverse the disease. ... worldwide suffer from type 2 diabetes--a number expected to ...
... -- According to new research published in The ... does not directly harm the blood vessel cells. Rather, zinc ... circulates in the blood and causes harmful blood vessel cell ... prevent the creation of this compound, but it can protect ...
... MDNot only do statins extend lives by lowering cholesterol levels ... in the September 2013 issue of The FASEB ... well. Specifically, statins may reduce the rate at which telomeres ... opens the door for using statins, or derivatives of statins, ...
Cached Biology News:Type 2 diabetes study to examine role amylin plays in disease 2Potential diagnostic marker for zinc status offers insights into the effects of zinc deficiency 2
(Date:10/22/2014)... /PRNewswire/ - iCo Therapeutics ("iCo" or "the Company") (TSX-V: ... its Oral Amphotericin B program.  The company recently ... work involving samples from HIV/AIDS patients exposed ... pre clinical studies and regulatory filings to move ... utilizing approximately $700,000 of funding and technological advice ...
(Date:10/20/2014)... Mapp Biopharmaceutical,s valiant effort to produce ... fight the Ebola outbreak will make the public ... of pharmaceuticals can be, according to Kalorama Information.  ... some may be taken aback by the three-month ... knowledge are well aware of the complex issues ...
(Date:10/20/2014)... , Oct. 20, 2014  GenVec, Inc. (NASDAQ: ... P. Horovitz , Ph.D., from its board of directors effective ... in August 2003, and served as its chairman from June ... on the Nominating and Corporate Governance and Audit Committees of ... more than a decade of dedicated service to GenVec, and ...
(Date:10/19/2014)... The Latin American hardware encryption display market report ... analysis and forecast of revenue. This market was valued ... reach $2,366.8 million by 2018, at a CAGR of ... TOC of the Latin American hardware encryption market report ... It also provides a glimpse of the segmentation of ...
Breaking Biology Technology:iCo Therapeutics Announces Advancement of Oral Amphotericin B Program 2iCo Therapeutics Announces Advancement of Oral Amphotericin B Program 3Kalorama: ZMapp Highlights Need For Faster Biopharmaceutical Production 2Kalorama: ZMapp Highlights Need For Faster Biopharmaceutical Production 3Zola P. Horovitz To Retire From GenVec Board 2The Latin American hardware encryption display market is expected to reach $2,366.8 million by 2018 - New Report by MicroMarket Monitor 2The Latin American hardware encryption display market is expected to reach $2,366.8 million by 2018 - New Report by MicroMarket Monitor 3
... /PRNewswire-iReach/ -- Advanced Technological Education Television (ATETV), an award-winning ... Science Foundation , returns with 40 new videos just in ... a free Web video series featuring up to the minute ... employment opportunities. The series debuted in 2009 and has been ...
... CLEVELAND, Sept. 1, 2011 enLiven yogurt ( www.enlivenyogurt.com ), ... exclusively in Walmart, is helping parents and  kids eat healthier ... Giveaway" in September. By simply liking enLiven on Facebook or ... win a $100 Walmart grocery gift card each Wednesday in ...
... 2011 The medical imaging company SyntheticMR ... an order for their magnetic resonance imaging software from ... will be used in clinical practice to monitor the ... software, SyMRI Diagnostics, includes tools to automatically estimate a ...
Cached Biology Technology:New Videos Spotlight Science/Technology Careers and Educational Path To Secure Jobs in Them 2enLiven Yogurt Sponsors "Back to School Grocery Giveaway" to Keep Parents and Kids Eating Healthy Foods this Fall 2Swedish University Hospital Improves Monitoring of Treatment Efficacy in Multiple Sclerosis With Synthetic MRI Innovation 2Swedish University Hospital Improves Monitoring of Treatment Efficacy in Multiple Sclerosis With Synthetic MRI Innovation 3
... Application: A cleaning agent ... plastic surfaces, countertops, and pipettors. ... at eliminating RNase contamination from ... enzymatic reactions. ,RNase Zap ...
Matrix for protein MALDI-MS...
... number is a new ... easily match Cornings product ... availability yet, please order ... number (Z36,327-8) or contact ...
... of a series of media originally developed at ... al. for the large scale propagation of cells ... primarily used for the growth and maintenance of ... of viruses in these cell lines. One of ...
Biology Products: