Kinsella On Liberty

KOL240 | Cameron Talks Science: Patents and Paywalls: How IP Stifles Scientific Innovation

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Kinsella on Liberty Podcast, Episode 240. https://youtu.be/hXw9BWKXChk From Episode 23 of Cameron Talks Science. Episode 23: Patents and Paywalls: How IP Stifles Scientific Innovation: Stephan Kinsella February 11, 2018 Cameron English The accepted wisdom tells us that intellectual property (IP) laws encourage innovation. Without legal protection for their discoveries, scientists would have no incentive to conduct research and we would lose out on "...life-changing and life-saving new treatments that bring hope to doctors, patients, and patients' families worldwide. " That's a nice story, but my guest today says this seemingly self-evident truth is entirely incorrect. Far from fostering innovation in the sciences, patent attorney and legal scholar Stephan Kinesella argues that intellectual property hampers competition and thus stifles the discovery of new medicines and other technologies. Every year businesses waste millions of dollars in court defending their patents and