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Washington D.C. - According to the Economist, "IN 1970 the United States recognised the potential of crop science by broadening the scope of patents in agriculture. Patents are supposed to reward inventiveness, so that should have galvanised progress. Yet, despite providing extra protection, that change and a further broadening of the regime in the 1980s led neither to more private research into wheat nor to an increase in yields. Overall, the productivity of American agriculture continued its gentle upward climb, much as it had before."
Washington D.C. - According to the U.S. Chamber of Commerce, "One of the nation's most respected startup and entrepreneurship research organizations last week issued a series of public policy recommendations that the group believes Congress could implement in order to accelerate the formation and growth of new companies and help reinvigorate the American economy."
Kansas City, MO - Jason Wiens and Chris Jackson of the Kauffman Foundation discuss intellectual property in a new Entrepreneurship Policy Digest released this week. The Kauffman Foundation contends that while intellectual property protections can increase productivity and firm valuations, they also can be inefficient and hinder innovation if they are too weak or too strong.
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