Prizes as an Alternative to Patents
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Description
From the Wikipedia:
"Some authors advocating patent reform have proposed the use of prizes as an alternative to patents. Critics of the current patent system, such as Joseph E. Stiglitz, are critical of patents because they fail to provide incentives for innovations which are not commercially marketable. Stiglitz provides the idea of prizes instead of patents to be awarded in order to further advance solutions to global problems such as AIDS." (http://en.wikipedia.org/wiki/Prizes_as_an_alternative_to_patents)