Friedberg identifies university IP licensing as inefficient, with institutions neither maximizing value nor open sourcing discoveries.
“The challenge arises that that science then either gets licensed out in a way that UC doesn't benefit enough from the discovery that was made, where they own the IP, or they're just not open sourcing it. Those are the two problems. And what happens often is something in the middle.”
Friedberg notes China went from publishing half as many research papers as US to 50% more in ten years.
“Ten years ago, China published 50% of the number of scientific research papers in peer reviewed journals as The United States. Last year, they published 50% more than The United States.”