Broad Institute President & Founding Director Eric Lander, PhD, provides welcome and opening remarks at the 2016 Broad Institute Innovation & Intellectual Property Symposium.
The Broad Institute, or simply ‘The Broad’, is a decade-old biomedical and genomic research powerhouse in the heart of Kendall Square which has quickly amassed global influence. Its roots span back to the early 1990’s at the beginnings of the international Human Genome Project, a mountain of a scientific mission that required unprecedented coordination among researchers and scientific enterprises. Enlisted for the effort were local stalwarts MIT, Harvard Medical School, its affiliated hospitals, and the relative new-kid-on-the-Kendall-Square-block Whitehead Institute. From this ad hoc assembly of prestigious labs the Broad grew. Far from humble beginnings, in 2003 the institute was seeded with $200 million by its namesake benefactors Eli and Edythe Broad, who later delivered several more nine-figure infusions of capital to secure its formal endowment. As President & Founding Director, Dr. Eric Lander (pictured), a computational geneticist and instrumental figure of the Human Genome Project, has been at the helm from the onset.
- Does intellectual property, in this case largely in the form of patents, promote innovation or restrain it?
- Given the prevailing forms of IP protection, is it advantageous to have weaker or stronger IP policy?
- Should we focus less on how IP is defined and more on how IP is shared through such vehicles as licensing agreements?