Monday, November 15, 2004

Economist.com | Intellectual property"In 1998 America introduced so-called ?business-method? patents, granting for the first time patent monopolies simply for new ways of doing business, many of which were not so new. This was a mistake. It not only ushered in a wave of new applications, but it is probably inhibiting, rather than encouraging, commercial innovation, which had never received, or needed, legal protection in the past. Europe has not, so far, made the same blunder, but the European Parliament is considering the easing of rules for innovations incorporated in software." Hmmmm, let's see, who was that guy in office in 1998?

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