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ARTICLE · 14 SEPTEMBER 2018

Intellectual Property And Democracy

Contrary to the real estate business, where the system favors the concentration of wealth in only by just a few economic agents, intellectual property has the virtue of being more democratic.

PortugalIntellectual Property

Contrary to the real estate business, where the system favors the concentration of wealth in only by just a few economic agents, intellectual property has the virtue of being more democratic. With an insatiable, curious, irreverent and inspired intelligence, anyone may can create wealth. The power of the mind is huge enormous.

Of course, one can argue that this is a romantic idea of intellectual property rights which is still true. Huge sums of money invested in research and development and a length, time-consuming process is behind every new drug or brand. Nonetheless, our principle contention remains: It is possible for an individual with little financial resources to create something that might  change the world or can become trendy. All one needs to do is to think up with some new and creative concept or product and, if possible, to protect that idea by using intellectual property rights registration.

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