Innovation law and the creation of capital
Innovation law helps create capital for innovators, companies
and society at large by building control points for valuable
intangible assets. Clear definitions and categories make it easier
to handle innovation as a property entity. Innovation law helps
define and protect innovation and its development. This offers more
opportunities to exploit intangible property as leverage for
cooperation and support for capital-creating activities and
operations.
Favelas in Brazil
The question of property and capital is in no way new. Hernando
de Soto highlights this in his report on the emergence and success
of Western industrialization, The Mystery of Capital.
1 This should be considered in relation to the
apparent stagnation of developing countries – poor countries
seem to remain poor, relatively speaking. Successful nations became
so due to their ability to create capital and one critical
difference between the West and
