> In essence the idea is a good one - set out worldwide standards of trade - like WTO - for intellectual goods as well as physical.
You must play our game of pretend scarcity of information or face trade sanctions? Sounds like fun.
I am incredibly glad to know this has not happened yet, because it can easily be the death of innovation. IP, being a completely artificial market that can only exist through state power, has been abused so much and so often (be it software patents or Oracle v. Google or how the damn happy birthday song or Martin Luther Kings "I Have a Dream" recording is still copyrighted) and I have no doubts that any global IP regime would see the rise of a generation of IP lawyers and the death of a generation of ingenuity in intellectual pursuits.
That is how a lot of these countries can get ahead. China's ability to outright ignore US IP law means it can rapidly innovate on foreign or domestic ideas without having to be constrained by what US companies allow.
You must play our game of pretend scarcity of information or face trade sanctions? Sounds like fun.
I am incredibly glad to know this has not happened yet, because it can easily be the death of innovation. IP, being a completely artificial market that can only exist through state power, has been abused so much and so often (be it software patents or Oracle v. Google or how the damn happy birthday song or Martin Luther Kings "I Have a Dream" recording is still copyrighted) and I have no doubts that any global IP regime would see the rise of a generation of IP lawyers and the death of a generation of ingenuity in intellectual pursuits.
That is how a lot of these countries can get ahead. China's ability to outright ignore US IP law means it can rapidly innovate on foreign or domestic ideas without having to be constrained by what US companies allow.