“Innovation is important; it has transformed the lives of everyone in the world. And intellectual property laws can and should play a role in stimulating innovation. However, the contention that stronger intellectual property rights always boost economic performance is not in general correct. It is an example of how special interests—those who benefit from stronger intellectual property rights—use simplistic ideology to advance their causes.”

§4, p. 106
Making globalization work (2006)

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Joseph E. Stiglitz 39
American economist and professor, born 1943. 1943

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