The Wright Brothers and Their Flying Machines
Posted: 15 Feb 2012
Date Written: May 16, 2011
Abstract
Wilbur (1867-1912) and Orville (1871-1948) Wright were fascinated by the mystery of flight and they built on the ideas of prominent earlier figures such as Octave Chanute (1832-1910) the French-born American who was influential in fostering the free exchange of ideas surrounding aeronautics. Information exchange between practical tinkerers from across the globe led to a process of cumulative innovation unhindered by rivalry operating through the intellectual property rights system. Yet in 1903, the year the Wright Brothers achieved controlled sustained flight at Kitty Hawk, North Carolina, they applied for and were subsequently granted a US patent for a "flying-machine" which changed the industry irrevocably. While American manufacturers diverted resources from science and technology to patent wars and legal disputes, European aeronautics advanced more rapidly.
Learning Objective: To explore entrepreneurship in a nascent industry and the role of patents.
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