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Regular readers of this blog will know that I am not a fan of the term “intellectual property”, and that I prefer the more technically correct term “intellectual monopolies”. Despite that, I strongly recommend a new book from someone who not only approves of the term “intellectual property”, but of its fundamental ideas.
One of the greatest tragedies of intellectual property law is how it generates intellectual confusion among successful businesspeople. Many are under the impression, even when it is not true, that they owe their wealth to copyrights, trademarks, and patents and not necessarily to their business savvy.
For this reason, they defend intellectual property as if it were the very lifeblood of their business operations. They fail to give primary credit where it is due: to their own ingenuity, willingness to take a risk, and their market-based activities generally. This is often an empirically incorrect judgment on their part, and it carries with it the tragedy of crediting the state for the accomplishments that are actually due to their own entrepreneurial activities.
Jon Healey correctly points out that the debate over intellectual-property theft is complex because we are often dealing with "non-real properties." These properties cost nearly nothing to produce, and an infinite number of people can use the same property at the same time. And yet, we still want to treat them as if they were "real" property.
"The House Judiciary Committee approved legislation that would make changes to several federal statutes in order to strengthen enforcement of intellectual property rights against domestic and overseas piracy.
The World Intellectual Property Organization’s (WIPO) is organizing on October 29 and 30, 2007 at its Geneva headquarters an International Conference on Intellectual Property and the Creative Industries.