Trademarks, Patents, and Copyrights

Category
Microeconomics & Competition
Description

These three concepts, along with other related ones, protect the creative work produced by enterprising individuals, thus creating additional incentives for creativity and promoting the creative-destruction model of capitalism. Without these protections, information and creative workers have no defense against their work being freely distributed.

Person
Resource Datasbase
Source

Shane Parrish's Farnam Street Mental Model Guide