This chapter proposes an international regulating body for the purposes of eliminating the problem of diffusion of innovation. Patent laws, intellectual property rights, monopolies, among other things, exacerbate political and economic inequalities by withholding access of innovations to those who need it. A major branch of concern is the distribution of pharmaceuticals. In order to maintain distributive justice and reduce the global burden of disease, a Global Institute for Justice in Innovatio…
Read moreThis chapter proposes an international regulating body for the purposes of eliminating the problem of diffusion of innovation. Patent laws, intellectual property rights, monopolies, among other things, exacerbate political and economic inequalities by withholding access of innovations to those who need it. A major branch of concern is the distribution of pharmaceuticals. In order to maintain distributive justice and reduce the global burden of disease, a Global Institute for Justice in Innovation can be established to encourage rapid diffusion of innovations and discourage firms that restrict access to them.
