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Study finds patent systems may discourage innovation

(PhysOrg.com) -- A new study challenges the traditional view that patents foster innovation, suggesting instead that they may hinder technological progress, economic activity and societal wealth. These results could have ...

Researchers develop carbon-negative concrete

A viable formula for a carbon-negative, environmentally friendly concrete that is nearly as strong as regular concrete has been developed at Washington State University.

Researchers create first supermode optical resonator

What does it take for scientists to push beyond the current limits of knowledge? Researchers in Federico Capasso's group at the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed an effective ...

An on-chip time-lens generates ultrafast pulses

Femtosecond pulsed lasers—which emit light in ultrafast bursts lasting a millionth of a billionth of a second—are powerful tools used in a range of applications from medicine and manufacturing, to sensing and precision ...

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Intellectual property

Intellectual property (IP) is a number of disparate types of legal monopolies over creations of the mind, both artistic and commercial, and the corresponding fields of law. Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; ideas, discoveries and inventions; and words, phrases, symbols, and designs. Common types of intellectual property include copyrights, trademarks, patents, industrial design rights and trade secrets in some jurisdictions.

The majority[which?] of intellectual property rights provide creators of original works a form of temporary monopoly with the aim of creating an economic incentive to develop and share ideas.

Although many of the legal principles governing intellectual property have evolved over centuries, it was not until the 19th century that the term intellectual property began to be used, and, it is said, not until the late 20th century that it became commonplace in the United States.

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