Saturday, January 24, 2009

Innovation - Tangled up in Green

Sometimes I cover innovation on this blog, and usually more from a creativity side of things. Today I am sharing this business story because it is really a wake-up call for how complicated the legal side of innovation is becoming.

Photo credit: Cristian Andrei Matei from this web site.
Here is the scoop:

Newsweek's Michael Heller covers the troubles in "Innovation Gridlock- Today's inventors need to put together many bits of intellectual property. Too bad they are all patented."

Newsweek writes, the first decade of the 21st Century has seen startling advances in biology. Scientists have cracked the genomes of humans and many plants, animals and microbes. They've uncovered new cellular processes affecting inheritance of diseases. Likewise, investment in biotech research and development has been steadily increasing. So what happened to all the lifesaving cures that were supposed to come our way as a result?
Read this story.

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