Description
What is your opinion on the following statement: “Without ownership / profit, there is no incentive to innovate”?
Do you feel that the patent system allows the drug companies a fair chance at recouping their large investment while providing the opportunity for cheap competition after the patent expires? Or do you think that branded drug companies take advantage of the patent by having expensive price tags on their drugs? Do you see a way to make the process better?
The fashion and Chinese fast food industries are characterized by very low / weak or even no IPR predictions. And yet both are thriving industries with significant innovation and adaptation. What struck you about the two videos and what did you learn about IPR from these two cases?