Posts Tagged: "Institute for Business Innovation"

‘Cannibalistic’ Nature of Intellectual Property System Discourages Novel Responses to COVID-19 Management

“The world is unaware of the cannibalistic nature of the current IP system and what it means for innovation and jobs,” Dan Brown, an award-winning inventor (40+ patents) and Professor of Design at Northwestern University, told a livestream presentation last week, titled ‘Living with the Impact of Covid-19.’ He added: “We have failed to support the rights of the inventor. Providers of look-alike products, both domestic and foreign, are engaged in theft but not held accountable. It is more efficient to infringe or steal someone’s work than to spend the time and money to develop it yourself. The chances of being caught and punished are much more unlikely today than a decade ago.”