econ0402 - 1586 Words
ECON 0402 Industrial organization
Intellectual Property Rights
Few hundred years ago, in the British Statue of Anne and the Statue of Monopolies, a new concept, called Intellectual property, was born. Intellectual property (IP) is a legal concept, recognizing the exclusive rights to the creations of the mind. Under intellectual property law, owners of intangible assets, such as musical, literary, artistic works, discoveries, inventions, and even words, phrases, symbols and...
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