Obama to propose plan targeting patent trolls
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More transparency and openness is good - not only in this case, but in almost all others.
* And yes I know the meaning of the term "property" in IP is frequently debated on HN.
All property rights are government-granted monopolies (including rights to real property and tangible personal property), whether or not they are also inherent, basic human rights.
I don't see how having gov't create a right around "patents" (non-tangible "property") is any different than any other gov't regulation that libertarians rail against. (Taxes? Those are just GP "government property".)
If Pfizer spends $10B over two decades to develop a drug, JohnDoe Co. can recreate it on day-1 in the market and compete against Pfizer without penalty?
Do people really want to live in that world?
By "real property" are you referring to government-created exclusive rights over land (which is what the term actually means), or are you referring to government-created exclusive rights over tangible portable assets (which is "tangible personal property" rather than "real property", but frequently mistakenly referred to as "real property" by the kind of people that criticize "imaginary property"), and, in either case, how are these government-created exclusive rights different meaningfully different than government "interference" and "regulation" over "free markets"?
I don't think those gov't created rights are any different than any other gov't regulation, which is why i put it in scare quotes. People worship those property rights created and enforced by the gov't, but call the same amount of "interference" in other areas as regulation.
You call yourself a 'libertarian'?
Is that true though?
I was under the impression that if someone patented a method of, say, making a sandwich, I could be sued for performing that invention in my own house for my own personal lunch.
If your competition can instantly use that research, you may not recoup your costs, and thus have no incentive to do it in the first place. Drug patents are a clear example of this (although you might argue that altruism can also be a motive for researching drugs, in which case think jet engines or something).
Both individual and global welfare are improved if the drug is researched, but it won't happen without a government incentive; a drug has to be sold well above it's cost to produce + a small margin to recoup research costs, but it's possible for the competition to copy a drug once it's out and sell it for costs + a small margin and make a big profit.
20 years is arbitrary. In theory it's the number that the people come to as the best balance of allowing costs to be recouped without unduly hurting global utility due to monopoly, in reality it's a consequence of where lobbying takes us.
Small electronics are a good example to both our points; once a new device hits a factory in china it's as good as pirated (sometimes it's pirated in the same factory after hours!), but that hasn't terribly hurt the companies cranking out cheap USB drives, and companies like Apple have just moved way the up value chain.
I do think they have significant use for things like engines and heavy equipment, where (everything but the metallurgy) is reversible, but they take $BN investments.
Software patents (and really all 'business method') patents are total trash, if only because the USPTO can't possibly keep up with the pace, so people get patents for linked lists (in the 90s!) and shopping carts and such.
Whether IP should stop you from doing things for yourself is of course a matter of opinion. But the brute fact is that, in the U.S. and most of the rest of the world, IP laws do indeed prohibit you from doing a great many things for yourself, without regard to whether "commerce" is involved. (You may be thinking of the Commerce Clause of article I of the U.S. Constitution, whereas the congressional power to enact patent- and copyright laws derive from a separate provision, the Writings and Discoveries Clause, also in article I.)
For example:
- Patents prohibit you from, among other things, making or using the patented invention, unless you have permission of the patent owner. There are no exceptions for personal use. As a practical matter a patent owner might not bother coming after someone practicing a patent invention "for himself," but your definition of the quoted term might be different from the patent owner's definition.
- Copyright law prohibits you from making or distributing copies of a copyrighted work; from creating "derivative works" based on the original work; and from publicly performing or -displaying the work (among other things). There's an exception for "fair use," but as many college students have expensively learned courtesy of the RIAA, you might not want to roll the dice on that.
Under some very influential libertarian theories of property (e.g., John Locke's), IP rights arise as natural rights the same way that rights in real estate or personal property arise, and so should be protected by government to the same extent as any other natural property right.
That's ridiculous. Real estate and personal property has natural scarcity, but for "IP" the gov't is enforcing scarcity to make it profitable. A fair comparison would be someone discovering an ocean and then "owning" all oceans around the world. IP rights would arise as natural rights if you never shared your idea with anyone else.
If you have a farm, and you have such a bountiful harvest that you end up producing so much food that you can't possibly use it or sell it all before it rots, under your theory of property would that excess food no longer be your property, because food is no longer a scarce resource for you?
Only if according to the same logic it can be said the excess food is no longer your property because it is no longer useful as it is rotting.
Why would anyone need your food if there is no scarcity? They could go claim some "unowned" food somewhere else. Just like they could "clone" your ideas without depriving you of your idea. Property rights wouldn't be a very big issue without the scarcity.
I'm all for utility patents, if the patent examining system is changed to get more help or advice from experts in the field, to more quickly find previous pertinent patents that could expedite invalidation of infringing applications, or decide if it's too broad.
Split discussion, both on the front page.