Yesterday, Bloomberg Businessweek published a piece by Charles Kenny calling for the reduction of IP, particularly patent. An interesting component of Kenny’s argument is that patent is now a drag on GDP, and that trimming patent protection would raise GDP and – by extension – help raise tax revenue to solve the deficit problem. It’s an interesting argument, though I doubt it will get much traction in the present political environment. For better or worse (probably worse), we’re in times where more IP is seen as pro-business and pro-job, even if growing numbers of business executives are reaching the opposite conclusion.
Just a quick note. I am fortunate to be in Hong Kong at The Age of Digital Convergence, An East-West Dialogue Law, Media, Technology. The Journalism and Media Studies Centre at The University of Hong Kong and Intellectual Property Law Center at Drake University Law School organized the event and the Faculty of Law at The University of Hong Kong and Technology & Entertainment Law Program at Vanderbilt University Law School co-sponsored.
The conference aims to address a range of questions:
What does it mean when people are born or have grown up digital? How do different forms of media interact with each other in an increasingly convergent environment? What type of legal, social and cultural challenges have arisen when people actively participate in the information age? Has the digital lifestyle paved the way for the development of new business models, social relationships and government regulation? Do we need to rethink some of our real-world assumptions when we talk about the Net Generation? Should traditional concepts, such as privacy, identity, free speech and journalism, be reconceptualized in cyberspace?
The panels include Digital Natives, Social Networks and the Virtual World; Content Control, Indecency and Pornography; Journalism in the Age of Convergence; New Media, Sociocultural Issues and Emerging Developments; Content Delivery, Multimedia Platforms and New Prosumers; Privacy, Identity and Brandjacking; Creativity 2.0, Technolegal Fixes and Copyright Reform; and Closing Address: â€œHong Kongâ€“Creative Capital in Asiaâ€. The panelists have come from all over the world and several disciplines. Hearing so many different views and learning about some East Asian perspective on intellectual property and privacy has been quite stimulating. Last, I want to thank Peter Yu for inviting me to participate and as always being an excellent host.