10. Intellectual Property

Conclusion

Most jurisdictions recognize the value of intellectual property. These legal protections provide a foundation for businesses, entrepreneurs, and artists to create useful and innovative works. Without the financial incentives provided by IP law, innovation would grind to a halt. The primary purpose of providing temporary IP monopolies is to advance science and the useful arts. IP law is the foundation of innovation and economic growth through entrepreneurship.

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Business Law and Ethics Canadian Edition Copyright © 2023 by Craig Ervine is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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