One of the reasons that basic research is advanced most by not resorting to intellectual property is that… — Joseph E. Stiglitz
One of the reasons that basic research is advanced most by not resorting to intellectual property is that while doing so would have questionable benefits, the costs are apparent. [...] Interestingly, even in software, this system of open collaboration has worked. Today we have the Linux computer operating system, which is also based on the principle of open architecture.
p. 112Source: Wikiquote · CC BY-SA 4.0
More from this book
Limited liability should not be sacrosanct. Like property rights—including intellectual property—it is a creation of man, to provide appropriate incentives; when that artifice fails to fulfill its social function, it needs to be modified.
p. 207
The era of multilateral trade liberalization seems to be nearing an end (at least for a while), as well-founded disillusionment in the developing countries combines with growing protectionist sentiment in the developed world.
p. 81
When I was at the World Bank, it would often be said in the face of obvious failure that our strategy was correct, it just wasn't implemented well.
p. 52
