Policing Intellectual Property Across Borders

What better way to make it big fast than to run with someone else's ideas? Pirates and police alike are fighting an international battle over intellectual property theft and piracy.

The piracy of Intellectual property has become rampant especially since pharmaceuticals, DVDs and software started to flow freely across borders. And it is hurting U.S. competitiveness in the global economy, according to Pat Choate, author of "Hot Property: The Stealing of Ideas in an Age of Globalization."

Hear a conversation with author Pat Choate on the international battle over intellectual property.

Guests:

Pat Choate, political economist and author of "Hot Property: The Stealing of Ideas in an Age of Globalization"

Josh Lerner, Professor of Investment Banking at Harvard Business School and author of "Innovation and Its Discontents: How Our Broken Patent System Is Endangering Innovation and Progress, and What to Do About It"

Jeffrey Kushan, partner at the law firm of Sidley Austin Brown & Wood, advisor to companies on international patent policy, reform and enforcement, formerly served in the Office of the U.S. Trade Representative in Geneva, Switzerland.