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Protection of intellectual property crucial







Protection of intellectual property
crucial

Protection of intellectual property
crucial
09/05/2004 10:23 PM

thestar.com.my Sep 6 2004 0:38AM GMT




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Protection of intellectual property crucial

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Over at Silicon.com, someone has come up with an interesting s uggestion for adjusting intellectual property laws for software - saying that if you own more than 50% of the market, you should be forced to give away your product - and its source code - for free. The writer then makes some very good points about why forcing companies to give away their software isn't unfair - and how they should still be able to make plenty of money with such market power, even if the offering was free. I agree that companies can still make money offering software for free, but I don't think the overall suggestion is that good. If a company wants to charge for software, that's their business. Furthermore, any such "forced freeness" would lead to unintended consequences as companies and users tried to game the system. The big question, of course, is how would the markets be defined? Software companies will suddenly start redefining their markets to make them as broad as possible, to give them smaller market share numbers for the purposes of such a rule. Already, we see the opposite happening for PR purposes. Just how many software companies are the "leader" in their market - after redefining that market to make sure they're basically the only player?

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My cattle grazing grounds are not my idea and vice versa. But thanks to laws I can "own" the idea as if the idea was a cow ; link goes to a interesting university-level paper [PDF]. The author makes some interesting analysis and points attention to the fact that current intellectual property laws can go against well established economic theories at the expense of free market competition theory, technical innovations and society-as-a-whole best interest.

Recommended to people with economic theory experience , but also to everyday public-goods-privatization opposers as the paper isn't (intentionally) way too technical.

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