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Intellectual Property

Intellectual property (IP) rights help creators limit who uses their work without giving value in return. This protection encourages innovation in thought and expression. Academics featured on this site research topics such as open source licensing, digital rights management, patent reform, IP and technical standards, trademarks, and trade secrets.

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Fact Sheets

Patent Reform

A patent is an exclusive legal right to own and market an invention or improvement for a limited period of time, in exchange for public disclosure of the invention.

Quote

Buying Bitcoin Led Patent Mega-Millionaire to an Even Bigger Investing Idea

"If they can screen out bad patents, the application becomes more attractive to potential licensees. The value of his system is how much noise there is. I know there's lots of bad patents out there." — Mark Schankerman, Professor of Economics, London School of Economics

Mark Schankerman
CNBC
January 12, 2018

Featured Article

Trading and Enforcing Patent Rights

We study how the market for innovation affects enforcement of patent rights.

By: Alberto Galasso, Carlos J. Serrano, Mark Schankerman