Washington, D.C., partner Mike Remington wrote an article in Copyright Alliance, titled, “A US Copyright Law for the 21st Century: An American Perspective.”
The article discussed a topic that the United States and other countries are struggling to address, copyright law. An economic utility model undergirding intellectual property law incentivizes authorship and inventorship for the public good. The net result is law that reflects a delicate balance between what is protectable and not protectable. A balance also exists between intellectual property rights and downstream players such as distributors and consumers/users. And equilibrium promotes progress. And questions are increasingly posed – often by economists – about whether intellectual property promotes or hinders progress.