Laws & Patents

    Stronger patents can lead to more innovation by creating an incentive for research and development. They also can be used protectively, creating long-lasting monopolies. At the Institute, we're asking to what extent the law should safeguard patents, and where patent law hurts economic progress.

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    Lazonick links stock buybacks to America’s jobs challenge

    In an Al Jazeera documentary “In Search of the Great American Job”, Institute scholar William Lazonick offers some arch insights into the relationship between financialization — particularly the “shareholder value” ideology in corporations, which drives the transfer of profits to shareholders through stock buybacks — and job creation and inequality. Watch the video