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Protecting the Fruits of Imagination *
Author(s) -
Kingston William
Publication year - 1993
Publication title -
creativity and innovation management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.148
H-Index - 60
eISSN - 1467-8691
pISSN - 0963-1690
DOI - 10.1111/j.1467-8691.1993.tb00075.x
Subject(s) - investment (military) , business , aesthetics , commerce , economics , industrial organization , law , art , political science , politics
Inventions are the economic fruits of a type of creative activity that can be highly dependent on imagination. They need some form of protection if investment to turn them into concrete reality is to be rational. This is because they consist of information, which is difficult to produce, but all too easy to reproduce. Our present arrangements for protecting inventions (i.e. patents) unfortunately leave much to be desired.