The Drug Innovation Paradox: Matching Incentives to Market Realities

The hardest things are often the most important things. That’s one of the implicit justifications for the intellectual property system. If we want people to do the hard and important work of researching, developing, and commercializing game-changing innovations, then we need to secure the fruits of their labor with property rights. In her forthcoming paper, … Continue reading “The Drug Innovation Paradox: Matching Incentives to Market Realities”

The European Union Extends Copyright in Design—and Critics Balk (Yet Again)

The European Union recently decided to support the productive labors of designers by extending legal protections of their works in all areas of copyright, design, and patent law. Just as past legislation in the United States extending copyright terms was attacked with histrionic allegations that this was merely rent-seeking behavior by politically powerful corporations, the … Continue reading “The European Union Extends Copyright in Design—and Critics Balk (Yet Again)”