George P. Smith posits that scientific progress and technological advancements result from global collaboration, where investigators share ideas and resources. While individual contributions are important, true creativity and innovation occur when these ideas are shared with the broader community. He goes on to argue that excessive reliance on government-enforced patent monopolies, instead of direct public spending, can disrupt scientific communities, hinder creativity, raise prices, increase wealth inequality, and distort market incentives, particularly concerning essential sectors like pharmaceuticals, which are a public good and crucial for economic and social justice.
Technology and Innovation Journal
