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Tag Archives: patent
Decades Later The USA Health Care System is Still a Deadly Disease for Our Economy
Decades ago W. Edwards Deming named 7 deadly diseases of western management. One of those was excessive health care costs. Sadly that deadly disease has become much worse in the last several decades. Americans pay 300% more for this prostate cancer drug than much of the rest of the world Xtandi, a prostate cancer drug co-licenced by Japan’s Astellas Pharma and Medivation Inc. was developed at a U.S. university with grants funded by taxpayer dollars. That gives the federal government … Continue reading
Posted in Competition, Economics, Health care
Tagged deadly diseases, Deming, Economics, government, Health care, patent
3 Comments
Business 901 Podcast: Two New Deadly Diseases for Business
I continue to record podcasts as I promote my new book – Management Matters: Building Enterprise Capability. In this podcast I discuss the 2 new deadly diseases facing companies. The second part of the Business 901 podcast will be posted soon. Links to more information on items discussed in the podcast: Dr. Deming’s 7 Deadly Diseases + 2 Executive pay: Excessive Executive Pay (2005) Taking What You Don’t Deserve, CEO Style (2011) Warren Buffett: “Too often, executive compensation in the … Continue reading
Posted in Deming, Economics, Management
Tagged copyright, Deming, Economics, government, John Hunter, management, overpaid executives, patent, podcast
1 Comment
Intellectual Property Rights and Innovation
How intellectual property influences innovation and growth in the economy depends on the application of intellectual property law. No intellectual property (IP) rights would hinder innovation. Complicated application of confusing and overreaching IP rights also hinders innovation. Now I see the USA systems as having overreaching claims of IP rights, IP rights granted for obvious ideas which then are used to extort those actually producing value and overall a system much in need of improvement. Lawrence Lessig does the best … Continue reading