Software Patents - Jewels for the Rich

Posted by VISITOR on Feb 1, 2005 9:01 AM EDT
Technetra; By Robert Adkins
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Technology collaboration and its expression as open source software could build long-term immunity against the practices of a global patent system running amok.

India and other developing countries are under the gun to come into full conformance with the WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) this year. The carrot for compliance is the promise of investment protection and wealth creation. The stick is severe trade sanctions for failure to comply. In the rush to meet WTO deadlines, patent protection is being extended with little deliberation into controversial IP areas such as pharmaceuticals, business practices and software. Each area is a mine field for developing economies.

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