David Bowie passed away on Sunday. To say he was an innovative guy – would be the largest of understatements. He created, imbued and embodied multiple music personas – reinventing himself over and over again. He parlayed his multiplicative rock music success into fashion icon status – and numerous Hollywood and Broadway gigs.
Tagged: Intellectual Property
For the second consecutive Congress, expanding protections for trade secrets of U.S. businesses has emerged as an important issue in both chambers. Identical bills were offered in the U.S. House of Representatives and the U.S. Senate titled the Defend Trade Secrets Act of 2015 (DTSA). The bills were referred to the Committee on the Judiciary in both chambers.
Government is just another organism. Just like any other other organism, its first priority is self-preservation. Its second – is to grow. The most it possibly can. It wants to be bigger, do more – control more.
The Internet ecosystem just added a new tool to preserve the property of rights holders even while encouraging greater use of broadband. The Motion Picture Association has announced the launch of a new search engine called WheretoWatch.com.
It is a rare occurrence when Hollywood produces a film that neither glorifies the welfare-warfare state, nor vilifies capitalists and businessmen. Yet that is exactly what Marvel Studios has managed with the Iron Man series. In the character of Tony Stark we see the pinnacle of the capitalist fantasy: an ingenious businessman who values property rights and self-defense, and who does not compromise those fundamental rights in the face of government intimidation and force.
According to data released this week, Samsung and Apple make up the majority of the top 20 global smartphone models sold in the first quarter of 2014. While that success demonstrates the robust market prowess of these smartphone manufacturers, the real winners are the customers, getting more services, better products and lower prices. Almost the exact opposite happens when companies resort to lawsuits to gain market advantage, a sort of rent seeking via the courts.
As announced yesterday, Aereo, a streaming broadcast TV company, was found to be violating copyrights on programming it was providing, given that the almost live broadcasts it made available represented a public performance of the content and hence was illegal under copyright law. In plain speak, Aereo’s entire business model was to take that which didn’t belong to it and sell it. Try selling access to your neighbor’s guest room on AirBnB, or taking your neighbor’s otherwise unused car to use for your own Uber sideline, and see how things work out.
The benefits of government-funded university research are not shared widely enough in society, with universities retaining full ownership, for the most part, of their academic work. This means they get to profit from the government-funded research, and rarely have to share it with the taxpayers. By mandating that the research it spends so much taxpayer money on enter the public sphere, the government can more effectively spread the benefits of its own largesse and do its duty to all its citizens to provide them with the full benefit of what it produces with their tax money.
Your average government – anywhere in the world – has more resources at its disposal than just about any private company on the planet.
So when a government sets its sites on making a private company’s life miserable – it almost always can. Because it can put the full weight of the Leviathan behind the push – and it is spending Other People’s Money to do it.
If the demonization of the enforcement of intellectual property rights were to catch on, the brightest among us would be significantly less likely to invent in every case where the benefits of expending the effort do not overwhelmingly outweigh the costs.