"The value of intellectual property (IP) rights has decreased in the United States over the past 20 years because large tech companies consider patents and copyrights an enemy, not an ally, and because of the difficulty SMEs and independent creators have generating sufficient economic return. But when different stakeholder groups come together, they can develop an equitable and inclusive IP system that moves society forward while supporting their respective business agendas."
"Rather than viewing AI and IP through the lens of dollars and cents, Lim believes a more sustainable, broader, inclusive system can result in broader and more lasting progress. Lim is the H. Laddie Montague Jr. Chair in Law, Associate Dean for Research and Innovation, and Founding Director, Intellectual Property Law and Innovation Initiative at Penn State Dickinson Law School."
The value of intellectual property rights has declined in the United States over the past 20 years because large technology companies treat patents and copyrights as enemies and because small and medium enterprises and independent creators often cannot generate sufficient economic returns. Collaborative engagement among diverse stakeholder groups can create an equitable, inclusive IP system that advances society while supporting business objectives. Artificial intelligence and intellectual property can complement each other to advance both technology and protection regimes. Getting the rules of AI right depends on getting IP rules right, and IP leadership requires proactive agenda-setting. Technology adoption should be invisible to end users.
Read at IPWatchdog.com | Patents & Intellectual Property Law
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