Government Hampering Innovation

Posted on: April 21st, 2015

blueberries

The following CNN Business article (http://cnnmon.ie/1HoTYyS), covers how French lawmakers want Google to give up their intellectual property of how their search algorithm work for the sake of “fair competition”. The French government is demonstrating how a government can hamper innovation by not understanding how business works.

To put this in layman terms, imagine if you are a blueberry farmer. You develop a technique that allowed you grow bigger blueberries with less water. You gained the market share with your technique. Fellow blueberry farmers complain that your technique is not fair because they do not understand your technique. So the other blueberry farmers lobby the government to reveal your technique. So you as a blueberry farmer have to ask yourself, why spend time and energy developing new techniques only to be forced to give it away?

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