Global Dimensions of Intellectual Property Rights in Science and Technology (1993) / Chapter Skim
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9 Sectoral Views
9 Sectoral Views
Pages 208-220
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From page 208... ...
We can say, "Let us heavily protect the technology with patents and then license the patents exclusively," or "Let us ignore intellectual property or diminish the value of intellectual property and transfer it for the public good at a relatively low cost." I am of the opinion that the cheaper it is to take a technology and get it to the market, the better it is to lower intellectual property rights and grant low-cost nonexclusive licenses. The more expensive it is to get the technology to the market, the better it is to patent and grant an exclusive license.
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From page 209... ...
In other words, if we do not understand the driving motives for commercializing technology, we cannot create policy for intellectual property. Figure 9-1 gives three scenarios for developing technology.
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From page 210... ...
The point I am making is that what we want to do is use intellectual property to drive people to invest more rapidly in developing the technology in the short term, like curve B to capture the market and to get products on the market more quickly.
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From page 211... ...
I find that my license agreements tend to go to the Motorolas, the DuPonts, and the Ethyls, and not to the General Motors, and the reason is that they are willing to invest in intellectual property and commercializing technology more than General Motors and the broadly traded public companies.
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From page 212... ...
When the market is doing well, they grow rapidly relative to the broadly publicly traded companies. Now that we understand what is driving the development of intellectual property, let me discuss two of the things that John Armstrong mentions in Chapter 8.
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From page 213... ...
The general conference does not present a balanced view on intellectual property in the following sense. When the originators of intellectual property such as IBM, MIT, and AT&T enforce strong intellectual property laws, developing countries can make an argument that this is unfair.
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From page 214... ...
You can immediately translate that to the former Eastern Bloc countries and to a lot of other centrally controlled countries around the world. Unfortunately, you can also translate it to some of our big Neanderthal companies in this country in which the entrepreneurial function virtually has been made illegal, but the important understanding there is that before entrepreneurial activity can thrive, intellectual property protection is required.
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From page 215... ...
Technology also can follow rapidly wherever it is well treated, which means wherever intellectual property rights are respected. Any rice paddy in the world can be transformed in 6 to 12 months by the big international construction people, to a state-of-the-art automated facility operated by $2 an hour labor.
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From page 216... ...
That is really what we have here in the United States. Few of us probably realize what a remarkable smallbusiness entrepreneurial culture we really do have.
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From page 217... ...
I worked for a large company, Corning Glass Works, where I was in charge of business planning and corporate development; I worked for a major venture capital firm; and I was the first president of American Superconductor, a company that has been deeply involved in intellectual property with the high-temperature superconducting field. I currently spend 80 percent of my time doing venture activities and 80 percent running a company called Environmental Quality Corporation, which is involved in novel developments in the area of source reduction and pollution prevention.
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From page 218... ...
The original purpose of patents, as discussed earlier is in fact to encourage application, encourage commercialization, and the economic benefits. Anybody who is familiar with the Small Business Innovation Research program knows that we have spent millions of dollars encouraging people in this country to do research that they have no motivation to commercialize.
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From page 219... ...
Those of you who know intellectual property will recognize Fusion as the company that makes ultraviolet (uv) lamps and has had a long-standing fight with Mitsubishi.
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From page 220... ...
I can point to one intellectual property case in which four patents were filed within 30 days by four competing companies for the same precise invention, all of which were done independently. What benefit is served to anyone by awarding that patent to the person who happened to file it on March 28, versus the person who filed it on March 29, or the person who filed it on April 10 or April 15?
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