PUBPOL 201 Lecture Notes - Lecture 1: Industrial Applicability, Music Piracy
Document Summary
They"re generally thought of to be for inventions. There"s controversy on if they go for ideas because those are not tangible. Temporary (now, 20 years) monopoly on an invention. Creates new markets (and therefore economic growth) Nonobvious in the context of what we know already. An invention that we didn"t know before. It has to be useful such as having industrial applicability or is just useful in general. So if someone copies you, there is evidence of what they copied. If you don"t have a patent system, everyone will keep everything secret and there will never be generational innovation. But, regional and international agreement and systems. We want to recognize the natural right of the inventor. Power dynamic - stay ahead of the competition.
