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Revolutionizing Research and Innovation Through Blockchain Technology
The DeSci Podcast
Rethinking Patents for Innovation
Patents are often misunderstood by academics, with some viewing them negatively as a means for companies to become greedy. However, patents can incentivize the creation and commercialization of new ideas. The focus should be on creating non-monopolizing patents to encourage innovation and fair competition. One idea proposed is that companies holding patents should license them to other competitors in the field to prevent monopolies. Collaborative efforts involving various experts such as patent lawyers, Web3 specialists, and scientists from different disciplines are essential to establish useful guidelines for non-monopolizing pharmaceutical patents and foster innovation.
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