Do Patents Spur Innovation for Society
* Article: Do Patents Spur Innovation for Society? Lessons from 3D Printing | A Pazaitis, C Giotitsas, L Savvides, V Kostakis. The Centre for Postcapitalist Civilisation, 7th mέta Working Paper, 2021.
Abstract
"Effective appropriation of new technology has long been considered essential for innovation. Yet, the role of patents and other Intellectual Property tools has been questioned, both for rewarding innovators and serving societal needs. Simultaneously, there is ample empirical evidence of technological advance accelerating under conditions of loose appropriability, for example, when patents expire and cases of innovations based on shared technology and diverse motivations. This paper explores the case of the 3D printing technology, which appears to have found successful commercialization and dynamic market growth after key patents expired. We analyze the role of commons-based peer production practices in forging synergies among different factors and effectuating an alternative innovation pathway and the challenges and contradictions in the process. Finally, we critically assess recent developments of 3D printing technology and draw lessons for innovation policy by incorporating aspects of emerging commons-based innovation paradigms."