Eric Schmidt On How To Encourage Innovation
from the don't-see-anything-about-stronger-copyright-laws dept
Of course, it's notable that he says nothing about intellectual property. I'm guessing this is on purpose. Technically, the lever that the Constitution supposedly gives Congress to encourage innovation is intellectual property policy -- but these days, that clearly conflicts with Schmidt's first point about not passing laws that favor incumbents. These days, that's exactly what copyright and patent policy have become: protectionist measures to prop up incumbents at the expense of real innovators.
So, on that note, it's really refreshing to see recommendations for what Congress can do to encourage innovation that doesn't include ratcheting up IP laws -- though, it's disappointing that he didn't go so far as to suggest moving those laws in the other direction.