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Policy Areas: Intellectual Property

Beginning with the advent of the printing press in the 15th Century, which could copy books and manuscripts, intellectual property rights have been a contentious issue. Many argue that the bundle of rights acts as a public benefit because they allow the innovator to disseminate their work without fear of it being illegally stolen or copied. This is extremely important to the entrepreneur who often begins with only an idea. Were this idea to be “stolen” by a competitor or a large company, the entrepreneur would have no recourse. However, today’s intellectual property laws allow the creator of a protected idea to sue offenders for infringement in cases such as these. One issue for debate arises when an idea derives from common knowledge or is a practice such as a business method. The law must decide where intellectual property rights end and the realm of open knowledge begins. Recently, the law has greatly favored stronger and more expansive intellectual property rights. The future of entrepreneurship is closely tied to the protection of rights to intellectual property, allowing start-ups to market an idea without fear of infringement by others.

Issues include:

  • Patents/Patent Reform

  • International Trade

  • R&D

  • Tax Credits

  • "Fair Use"

  • Litigation


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E-Commerce

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Intellectual Property

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