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Patent Simulation Study Indicates that Patent Protection May Not Encourage Innovation or Promote Societal Wealth

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

By James DeGiulio -- A recent study published in The Columbia Science and Technology Law Review challenges the traditional view that patents foster innovation, suggesting instead that patents may harm creation of new technology, economic activity, and societal wealth ("Patents and the Regress of Useful Arts"). The study, conducted by Dr. Andrew W. Torrance (at right), Associate Professor at the University of Kansas School of Law and a Research Associate at the Biodiversity Institute at the University of Kansas, and Dr. Bill Tomlinson (below left), Assistant Professor in the Informatics Department of the Bren School of Information and Computer Sciences...

Full post as published by Patent Docs on January 07, 2010 (boomark / email).