A post today on the New York Times' Economix Blog raised an interesting question that we have touched on to some extent in our class. Copyrights and patents serve as barriers to entry and protect the innovations of entrepreneurs at least for a little while. This protection is not extended to fashion designs however. Economix posts a video from TED, previously mentioned on our blog, about how the industry has still thrived despite the lack of copyrights.
Monday is Our Big Day!
8 years ago