[Commons-Law] commons-law Digest, Vol 58, Issue 4

[ravi srinivas]

"Until 1997, graduates and faculty of Massachusetts Institute of
Technology set up 4,000 firms employing 11 lakh people and generated
$232 billion in worldwide sales. If they had formed an independent
nation, it would be the world's 24th largest economy."

I dont know the reference for this. But the figures  include graduates and
faculty
of MIT , past and present, i.e till 1997. Obviously  these firms used
technologies
developed by those  firms  and technologies acquired or licensed
from other companies/institutions besides technologies developed in MIT.
But where is that break up in this news report. One should look at the
number of scientists at CSIR and the patents granted to CSIR and
publications
emnating from CSIR labs  to get a perspective. Of late the hype in news
reports on intellectual property rights borders on nonsense. Such an
overkill
sooner or later will bommerang, eroding the credibility of the news
reports.
ravi srinivas
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