April 26 is World Intellectual Property (IP) Day: “We celebrate World Intellectual Property Day to learn about the role that intellectual property rights (patents, trademarks, industrial designs, copyright) play in encouraging innovation and creativity.”
It’s sad that so many of us still need to learn “the role that intellectual property rights…play in encouraging innovation and creativity.” It’s sad that the inherently obvious isn’t inherently obvious: that IP and its protection is a fundamental building block to any successful economy.
What we have is so many countries the world over abusing IP. Sometimes because they fail to grasp the concept (the learning curve is indeed steep):
India Must Build Intellectual Property: “For most Indians, intellectual property is a combination of Pierre-Joseph Proudhon and Robin Hood. The French anarchist famously declared property to be theft. Indians, few of whom put in the hard slog required to create intellectual property, readily agree, and are eager to do to the owners of intellectual property what Robin Hood did to the rich. Karl Marx, no fan of property himself, pronounced Proudhon to be confused: you can steal something only if it already belongs to someone, meaning property must precede theft and so cannot be theft. Indians are equally wrong to disrespect intellectual property.”
Let’s first correct this mis-characterization of Robin Hood. He didn’t steal from the rich – he stole government’s onerous taxes from the collectors, to return the coin to the people. Robin Hood, if anything, was a pro-capitalism, pro-private property figure. More