February 15th, 2006 by John Wilbanks
Brilliant essay by Richard Nelson, the George Blumenthal Professor of International and Public Affairs at Columbia University.
A representative snippet: The
objective here, it seems to me, is not to eliminate university patenting, but to establish a presumption that university research results, patented or not, should as a general rule be made available to all that want to use them at very low transaction costs, and reasonable financial costs. This would not be to foreclose exclusive or narrow licensing in those circumstances where this is
necessary to gain effective technology transfer. Rather, it would be to establish the presumption
that such cases are the exception rather than the rule.