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Intellectual property has many differences with other forms of property. The differences consist of two main properties that tangible property has which intelle
by pitaj 9y ago
Intellectual property has many differences with other forms of property. The differences consist of two main properties that tangible property has which intellectual property does not: scarcity and exclusivity.
- Ideas are not scarce goods. They are for all intents and purposes infinite.
- Ideas cannot be exclusive. Two people can have the same idea at the same time.
There are only so many apples available, restricted by sunlight and water and nutrients and such. If I hold an apple, another person can't also hold that apple at the same time.
That's why IP isn't property.