Information Property - how to sell what you can’t see

Most people think nothing of borrowing a hammer from a neighbour. It’s an ancient tool, and the original inventor died thousands to millions of years ago, with no chance of his/her heirs collecting royalties from modern use of the pounding device. In fact, each human is probably at least partially a decedent of the person who invented hammers. This is why I find the concept of “information property” such a touchy subject. Who owns knowledge? The inventor, or humanity?

It’s widely considered just for an inventor of a popular device to be showered with riches as their reward. At what point though do we stop rewarding them for work they did in the past, and encourage them to create something new, or do something useful in the present? 2 years? 20 years? After their children milk the invention for all it’s worth?

This rather one-sided editorial by Scott Valentine at the CBC had me wondering about these questions. It’s one-sided because it takes only the perspective that creators of information property need to be protected for the economy to thrive. I agree with some protections, but if you look at them critically, you’ll see flaws that spin off of them. For instance, record companies in the States have their IP so well protected, that they are brazen enough to sue people who might be involved in piracy of their IP. Assumption of innocence is lost in the pro-IP meida, and victims of frivolous lawsuits cave into the extortion of multi-national & multi-billion dollar industries.

Our government will improve the protection of cultural and intellectual property rights in Canada.”

That kind of talk is exciting, because it hints at a plan for Canada’s under-supported innovations community.

I don’t see Valentine’s evidence for an “under-supported innovations community”. Quoting Ilse Treurnicht doesn’t serve as proof in my eyes.

“It would be a lot simpler if we could look out at a uniform set of policies,” says Ilse Treurnicht, CEO of Toronto’s MaRS Discovery District, a non-profit corporation that works to accelerate the commercialization of IP by networking innovators with venture capitalists, scientists and business people.

“Universities and government research facilities all have varying policies regarding IP,” she says. “So whenever an innovator at one of these facilities has something worth commercializing … it’s ‘let’s make a deal.’ ”

It’s bad for IP holders to haggle for the best deal they can get? Free market indeed.