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Submission + - UK report proposes changes to IP laws

NKJV writes: A new report from the Institute for Public Policy Research, a UK think tank, has some concrete suggestions on how to reform the UK's dated intellectual property laws. The starting point for its deliberations is the notion that knowledge is both a commodity and a public good, and it recommends that the UK move from a model where knowledge is "an asset first and a public resource second" to one where knowledge is primarily a public resource and secondarily an asset. Is that an anti-business attitude? The report's authors don't think so: '"the goal of a policy framework that suits business in general is illusory." Business is not a monolith; while certain approaches to intellectual property might be better for certain types of businesses, companies can thrive even under the fourth model [knowledge is only a public resource] (think of open source firms like Red Hat). Furthermore, the authors believe that making knowledge a social good first will actually foster increased innovation and therefore more money for UK businesses.'

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