Intellectual property as an obstacle to prosperity

Bibliographic Data

ID6109296
AuthorsJosef Šíma (0000-0001-8969-2813, Versar (United States), corresponding author)
Year2005
Volume53
Issue3
Pages369-382
Publication date2005-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePolitická ekonomie (JOURNAL)
Journal identifiersISSN: 0032-3233 • E-ISSN: 2336-8225
PublisherPrague University of Economics and Business (PUBLISHER • CZ)
DOI10.18267/j.polek.511
OpenAlexW2466413253
LanguageEN
Citations received2
References cited12

The article describes the nature and importance of the concept of private property. It traces back the logical necessity of the respect for property as a safeguard of both peace and prosperity. Then, it surveys arguments in favor of intellectual property that allegedly coincide with those of the tangible property. It shows, however, that after careful research into the origin of patents and copyrights many problems arise. The analysis shows that there are no parallels between private property in tangible goods and property in intangible goods (ownership of ideal objects). Intellectual "property" fails in bringing about both peace and prosperity. The last part of the article suggests how a truly free market - a system that does not recognized intellectual property - might function

Business · Economics · Economy · Epistemology · Function (biology) · Ideal (ethics) · Intangible good · Intangible property · Intellectual property · International trade · Law and economics · Market economy · Obstacle · Parallels · Political science · Private property · Property (philosophy) · Prosperity · Safeguard · Economic Theory and Institutions · Law · State Capitalism and Financial Governance

Tools

Open DOIOpen Access