A Social Justice Perspective on Intellectual Property, Innovation, and Entrepreneurship
Ch. 6 in Megan Carpenter, ed., Entrepreneurship and Innovation in Evolving Economies: The Role of Law (Elgar Law and Entrepreneurship Series 2012)
32 Pages Posted: 13 Feb 2015
Date Written: February 10, 2015
Innovation, the creating of new things or processes, is a core factor in development, but it is not sufficient for development; the innovations must be exploited effectively in the marketplace. An intellectual property regime that favors too strongly one interest over another, as for example on the one hand by making the property holder’s interests too strong thereby limiting the social utility of the work, or on the other hand by making the user’s rights too strong thereby limiting the incentive for an inventor or writer to create, can lead to stagnation.
Keywords: copyright, intellectual property, entrepreneurship, economic development, social justice
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