- New Horizons in Intellectual Property series
Edited by Derek Bosworth and Elizabeth Webster
Chapter 2: A Legal Perspective
Andrew F. Christie 1 INTRODUCTION Intellectual property could be called the Cinderella of the new economy. A drab but useful servant, consigned to the dusty and uneventful ofﬁces of corporate legal departments until the princes of globalisation and technological innovation – revealing her true value – swept her to prominence and gave her an enticing new allure.1 This quote, taken from a World Intellectual Property Organization (WIPO) publication, says much about the state of intellectual property today. After all, it has only been a couple of decades since intellectual property was generally regarded as a rather obscure, but necessary, ﬁeld of legal regulation. In the last few years, however, intellectual property has become recognized as the driving force of economic growth and cultural development. As a result, the law of intellectual property has entered the consciousness of an ever-widening part of the public, and is increasingly seen as a matter for public policy as well as for private exploitation. Despite its growing importance, intellectual property remains a challenging area of law. This is because, unlike the laws of real property, the laws of intellectual property create rights between individuals that are vested in abstract objects – being objects that, inherently, are difﬁcult to deﬁne. Furthermore, intellectual property is an ever-expanding ﬁeld, and its role in society has become increasingly signiﬁcant and complex. This is due in part at least to its cultural speciﬁcity, as a regime that is founded on the notion of both knowledge and art as...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.