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Intellectual Property for the Technological Age

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Richard Epstein

November 6, 2006 | Universidad Francisco Marroquín | Duración:..

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Initial credits
Introduction by Milton Argueta
- Introduction of Richard Epstein by Milton Argueta
Richard Epstein on intellectual property for the technological age
- Law and property rights
- Comparison between common law and roman law
  - Institutions and rules
  - Roman law achievements
  - Intellectual property rules
    - Planned rules vs. spontaneous rules
    - Intellectual property rights system
    - Obstacles to technological development
- Property rights
  - Comparison between property and liberty
    - Property as a common right
    - The cost of opportunity of property
  - Security of possession
    - Common and roman law rule for property
    - Consequences of a private system of property
    - Pareto superior move
- Patent rights and copyrights
  - Ambiguities in law patents
  - Costs of the patent system
  - Decentralized system of intellectual property rights
  - The role of state monopolies
  - American experience with copyrights
    - Telegraph
    - Patent competition vs. patent monopolies
    - Generic pharmaceuticals
    - Real estate
  - Requirements of the US patent system
- Intellectual property rights for cultural heritage
  - Government protection of cultural heritage
- The inventive spark requirement in the patent system
  - Consequences of cheap patent rights
  - Nonobvious advance proof
  - Difficulties of analyzing this requirement
  - The problematic definition of invention
  - Patent design and use
- Property transfer
  - Contract system
  - Voluntary transfers
- Intellectual property transfer
  - Licensing program
  - The anti-commons problem
  - Patent common pool
  - Advantages of the pooling patent device
  - Enemies of the common pool
    - Antitrust laws
    - Compulsory licenses
- Similarities between property and intellectual property rights
- Differences between property and intellectual property rights
  - Exclusive goods
  - Trademark and brands
  - Property as a natural right
  - Tradeoff between public and private domain property
Questions
- How does the patent system regulation prevent the abuse of patent owners in the pharmaceutical area?
- What is your position on mandatory licenses?
Final words
Final credits

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About this video

According to Richard Epstein, the laws that were once applicable to intellectual property in the past now face the challenge that they cannot be applied to the technological era we are now living in. Therefore, he talks about the intellectual property for the technological age and the rights applied to this new form of possession. He gives a brief comparison between common and Roman law and the achievements that the latter has accomplished. He also speaks about property rights and its cost of opportunity as well as the consequences of a private system of property. Epstein comments on the subjects of patent rights and copyrights, the costs of the patent system, the role of state monopolies, and also illustrates the experience that the United States has had in relation to copyrights. Furthermore, he explains the consequences of cheap patent rights, the intellectual property transfer through the licensing program, and the similarities and differences between property and intellectual property rights.

Richard Epstein

Richard Epstein

Richard Epstein is the James Parker Hall Distinguished Service Professor of Law, faculty director for curriculum, and director of the Law and Economics Program at the University of Chicago Law School. He has written various books, including: Antitrust Decrees in Theory and Practice: Why Less is More (AEI 2007); Overdose: How Excessive Government Regulation Stifles Pharmaceutical Innovation (Yale University Press, 2006); Skepticism and Freedom: A Modern Case for Classical Liberalism (University of Chicago, 2003), and others. He holds an AB from Columbia College; a BA from Oxford University; and a LLB from Yale University.

Source: www.ufm.edu
Last update: 02/11/2007

Credits

Intellectual Property for the Technological Age
Richard A. Epstein

Milton Friedman Auditorium
Universidad Francisco Marroquín
Guatemala, November 6, 2006

A New Media - UFM production. Guatemala, November 2006
Camera 1: Sergio Miranda; camera 2: Jorge Samayoa; digital editing: Rodrigo Escalante; index: Christiaan Ketelaar; content reviser: Katty Schellenger; synopsis: Sebastian del Buey; synopsis reviser: Daphne Ortiz; publication: Pedro David España

This work is licensed under a Creative Commons 3.0 License
Este trabajo ha sido registrado con una licencia Creative Commons 3.0

Obtenido de "http://newmedia.ufm.edu/gsm/index.php/Epsteinintellectualproperty"

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