Bureaucratic Limitations in Innovation
Daron Acemoglu Keynotes - Daron Acemoglu's speeches explore how intellectual property affects the areas of innovation....
While Daron Acemoglu recognizes the benefits of IP and patenting, he also identifies various flaws in the system. He sees elements of bureaucracy emerging in far too many areas that can end up stunting the system's traditional benefits. As more and more bureaucratic limitations and copyright laws are implemented, the process becomes self-defeating and less likely to foster innovation.