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Intellectual property (IP) is a term that refers to work or inventions that are created as
a result of someone’s creativity. The person responsible for the creation is given
rights to them in the form of patents, copyrights or trademarks. The concept of IP did
not happen overnight. Instead, IP as we know it today, has evolved over time.
Ownership Rights
The Statute of Monopolies made it possible for inventors to retain the rights of their
creations, and monopolies were no longer granted. The law also guaranteed that
inventors would be given a 14-year period of exclusive rights to govern how their
inventions were used. Then, in 1710, another piece of legislation, The Statute of
Anne, came into being. This statute provided 14 years of protection for an inventor. It
also allowed inventors to renew their protection for another 14 years. It is important
to note that this statute focused on copyrights for authors so they could have power
over the recreation and distribution of their work. It protected inventors and their
innovations and creations as well.
History of Patents
During the 18th century, it started to become obvious that industrial inventions
needed to be protected. This idea gave birth to patent laws. It took close to 100
years before patents began to be taken seriously. However, it was still difficult to be
awarded a patent, as the decision was left mostly to the individual interpretations of
patent officials and judges. By the mid-20th century, that changed, and there was a
dramatic shift in favor of the inventors.
If you are interested in learning more about the history of intellectual property,
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The Evolution of Intellectual Property
November 11, 2015
Mentions of copyrights, patents and other matters of intellectual property law are
sparse in early history. It is not until medieval Europe that some major and well-
known legislation was passed. The first of these was the Statute of Monopolies.
This British law was established in 1623. At the time, all major industries were
controlled by guilds. Each guild held considerable power, with the government
endowing them with the ability to dictate what products and raw materials could
be imported as well as how those items would be produced and sold. Moreover,
the guilds were responsible for bringing all new innovations to the marketplace,
essentially giving them ownership and control over inventions even if they had
nothing to do with their creation.
Ownership Rights
The Statute of Monopolies changed that by allowing the author or inventor to
retain their ownership rights. Monopolies, in the form of government-sanctioned
guilds, were no longer granted. The law also guaranteed the inventor a 14 year
period during which he had the exclusive right to govern how his invention was
used.
Other significant legislation came in 1710 with the Statute of Anne. This law
similarly provided a 14 year term of protection. It also gave inventor the option of
seeking a 14 year renewal term. Aimed largely at copyrights, this law granted
authors rights in the recreation and distribution of their work.