September 16, 2009
Posted: 11:22 AM ET
A new report by the World Economic Forum (pdf) ranks United States intellectual property (IP) protections 19th in a worldwide survey. The rank was not based on a comparison of IP laws, but determined by a survey of global business leaders on how well they felt intellectual property was protected in their country.
The US Chamber of Commerce responds to the U.S.'s 19th-place finish by calling for greater IP protection and stricter copyright laws.
Ars Technica argues tougher IP laws are "largely a giveaway to huge businesses and rich artists," and claims most artists see less than 1 percent of the financial benefits of copyright extensions.
Do you feel more laws are needed to protect intellectual property in America? Or will further restrictions only stifle innovation and prevent a free flow of information?
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