How Intellectual Property is a property right, how it functions as a property right in a free market, and how legally, historically, and economically, Intellectual Property is essential to a thriving economy and flourishing society.
Produced by Shaun King, Duke University Department of Political Science Communications Specialist.
The views expressed above represent those of the author and do not necessarily represent the views of the editors and publishers of Capitalism Magazine. Capitalism Magazine sometimes publishes articles we disagree with because we think the article provides information, or a contrasting point of view, that may be of value to our readers.
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Both Founding Era sources and 19th-century court decisions, official statements, and commentaries confirm that intellectual property rights are property as a matter of basic legal doctrine and constitutional principle.
Patents secure the fruits of productive labors of the innovators who create the new products and services that drive economic growth, create jobs, and ultimately contribute to a flourishing society.
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