Michael Perelman's book, "Steal this Idea," is very good on this topic.

No. Copyright does not promote serious invention.

Joanna

----- Original Message -----
There's an interesting story in today's NY TIMES about the success of
Bell Labs. [ 
http://www.nytimes.com/2012/02/26/opinion/sunday/innovation-and-the-bell-labs-miracle.html
] It would be interesting to compare Bell Labs to Lucent Technologies
and Alcatel-Lucent, which seem to be a failure compared to BL. I'm no
expert, but Lucent's history suggests that competitive capitalism can
slow or even prevent serious invention (while AT&T's monopoly
capitalism stifled the implementation of inventions). Another thing
the article should have examined is the role of intellectual property
rights. While Bell Labs was all about sharing information, the new
regime is about keeping knowledge secret.

-- 
Jim Devine / "In science one tries to tell people, in such a way as to
be understood by everyone, something that no one ever knew before. But
in poetry, it's the exact opposite." -- Paul Dirac
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