Compensatory Liability Systems
'Use Now: Pay Later'
'Automatic, mandatory license without exclusionary power.'
- Alternative to exclusive monopolies.
- Breeder entitlement operates as a liability rule and not as an exclusive property right.
- Registered plant varieties may be utilized freely, but all second-comers must pay compensation to right-holder.
- Proposed alternative IP system for computer software (similar 'copying' risk as seeds).
- Follow-on innovation compensation terms essential.
- Currently only theory--not implemented in plant IPRs.