Smart Planet reports on UB research about how sharing patents boosts innovation

By Bert Gambini

Release Date: March 29, 2012 This content is archived.

An article on Smart Planet, a CBS Interactive news site, reports on research by UB economist Gilad Sorek that has shown that sharing ideas through patent licensing doesn't necessarily mean a loss in profit, and on the contrary, sharing patents may create a larger market for a product in the first place, as well as encourage research that can lead to new innovations.

Sharing patents boosts innovation and profit