Subsidizing 'Patent Roulette'
Brian J. Love
Santa Clara University School of Law
March 5, 2012
Indianapolis Star, March 5, 2012, at A13
Stanford Public Law Working Paper No. 2019190
This essay criticizes university efforts to patent and monetize the fruits of university research. The piece explains that university tech transfer resembles a government-subsidized game of roulette, in which the vast majority of players lose money but continue to play in hopes of hitting an extremely rare jackpot. The result is a system that often hinders, rather than spurs, innovation and the dissemination of new technologies and, thus, raises serious ethical concerns.
Number of Pages in PDF File: 2
Keywords: university technology transfer, university TTLO, university TTO, university patent, Purdue, Stanford, WARF, Myriad
JEL Classification: I23, K00, L3, O34
Date posted: March 11, 2012 ; Last revised: June 5, 2015