Intellectual Property Regime Stifles Science and Innovation, Nobel Laureates Say (IP-Watch)

The basic framework of the intellectual property (IP) regime aims to “close down access to knowledge” rather than allowing its dissemination, Professor Joseph Stiglitz said at a 5 July lecture on “Who Owns Science?” Stiglitz, a 2001 Nobel Laureate in Economics, and Professor John Sulston, a 2002 Nobel Laureate in Physiology/Medicine, launched Manchester University’s new Institute for Science, Ethics and Innovation. Both were highly critical of today’s patent system, saying it stifles science and innovation….

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