is the Regulatory Policy Fellow at the Niskanen Center’s Captured Economy Project.
For more information or to contact Daniel, please visit capturedeconomy.com.
Following a panel I spoke on with my colleagues Charles Duan of the R Street Institute, Abby Rives of Engine, and Ian Wallace from New America, Lydia Malone wrote a piece critical of our comments on this site. I thank IPWatchdog for the opportunity to respond. Appreciating that Ms. Malone characterizes her piece as “one view” of the above-referenced panel, I wish to offer another, hopefully more complete view of last week’s discussion. For example, one feature of Tuesday’s panel is the panel’s discussion of how high-quality patents are an important, valuable, and in some cases necessary element of the innovation ecosystem. I respectfully disagree with Ms. Malone’s assertion that the panel “concluded that we should abolish patents and begin centrally planning the subsidization of research and development for all innovation, all in the interests of their ‘free market.’”