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Intellectual Property: The Practical and Legal Fundamentals Thomas G. Field Jr, Franklin Pierce Law Center Download the Paper (PDF format) - January 8, 2006 Tell a colleague about it. Printing Tips: Select 'print as image' in the Acrobat print dialog if you have trouble printing. ABSTRACT: Patents, copyrights, trademarks and related interests are known as intellectual property (IP). It has not been long since patents especially were regarded in U.S. courts, and the Supreme Court in particular, as tools of monopolists, and their owners often fared poorly. However, people have come increasingly to view privately funded innovation as critical to national economic well-being and to agree that such innovation cannot occur unless companies that succeed in the marketplace can recoup their research, development and marketing costs. That is a major function of IP, and, particularly within the past dozen years, IP has been seen, both here and abroad, as playing a key role in developing technologies for the next century. SUGGESTED CITATION: Thomas G. Field Jr, "Intellectual Property: The Practical and Legal Fundamentals" (January 8, 2006). Pierce Law . Pierce Law Faculty Scholarship Series. Paper 32. http://lsr.nellco.org/piercelaw/facseries/papers/32 | REPOSITORY HOME  | SEARCH  | MY ACCOUNT  | NELLCO HOME | Powered by bepress.