Originally posted by Liberator
Which in turn is countered by a more draconian, but(to me at least) more acceptable use of Government power by forcing the funder to share the discovery because it is too important to one group to hold sway over(cure to cancer type stuff).
I have no problem with a company making money on things they have payed lots of money to develop. The copyright/trademark/IPR should expire when said company has made back their investment and half-again.
Then where is the incentive for the company to invest? It's a nice thought of getting private industry to finance this stuff, but ultimately the interest of private industry is in personal profit rather than the 'greater good', per se. Companies will ultimately invest in a revenue stream over the long term, rather than a short term benefit; it's possibly because of this that we see less useful drugs being developed (because to charge, say, $500 per dose for a cancer cure would result in a company getting into hot water anyways, so it's better to make money off of 'trivial' things).
We've already seen stuff like this when it comes to Aids drugs, and specifically the actions of the larger manufacturing companies/the US (where they are - mostly - based) to try and block the creation of generic (cheaper) versions for 3rd world countries and soforth - I think India in particular has stoked a furore by allowing the cheap manufacture of generic Aid drugs.
The problem IMO is that the most 'valuable' - in terms of profit - drugs and inventions will be the most urgently needed. When it comes to non-essential inventions (i.e. not life-or-death scenarios), I have nothing against companies making money off of it. But when it comes to serious international crises, IMO (again) you have to make these things generally available to all (including the poorest and most needy), and it's very hard to balance that with allowing companies to operate as businesses, unless you add governmental control that removes the whole profit issue from the equation.