Patents and copyright laws grant too much credit and reward to individuals and imply that technology evolves by jerks. Recall that the original rationale for granting patents was not to reward inventors with monopoly profits but to encourage them to share their inventions. ... It follows that there is less need for government to fund science: Industry will do this itself. Having made innovations, it will then pay for research into the principles behind them. Having invented the steam engine, it will pay for thermodynamics."
"Wood attributes his ability to hop from subject to subject, making associations that sometimes lead to inventions, to reading—a lot. He subscribes to three dozen academic journals. 'I have a terrible deficiency of willpower once I open an electronic table of contents for Physical Review Letters or the New England Journal of Medicine,' he says. 'It's just terribly difficult to pull myself away from them. There will be these three articles that I absolutely have to read before I can turn loose of this thing. If I don't read them, I'm doomed. I'll never come back to them because there will be the next day's journals and the ones after that.'"
Cisco says, "The effort is being staffed by some of the world's most foremost codec experts, including the legendary Gisle Bjøntegaard and Arild Fuldseth, both of whom have been heavy contributors to prior video codecs. We also hired patent lawyers and consultants familiar with this technology area. We created a new codec development process which would allow us to work through the long list of patents in this space, and continually evolve our codec to work around or avoid those patents."