Thursday, March 12, 2009

Links for the Day

Is it Thursday already?  Here is the latest Objectivist Round Up, hosted this week by Titanic Deck Chairs.

My husband Adam's paper on the sewing machine is also up at his SSRN site.  Click "download" to read the whole paper in PDF format.  As I wrote before:
It’s called, “A Stitch in Time: The Rise and Fall of the Sewing Machine Patent Thicket,”  and it’s a great story about the numerous inventions that went into the development of the sewing machine in the 1840’s and 50’s.  The conflicting claims to the intellectual property resulted in a huge legal battle later called the “Sewing Machine War,” but the result was a new market solution: a privately formed patent pool that allowed each member to benefit from his contribution to the whole product.  The purpose of the paper is to dispute the idea that patent thickets are a modern phenomenon which require the reduction of property protection lest we hinder innovation.  It’s a pretty easy read, for a scholarly legal article.  

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