SOLUTION: Kean University Patents Copyrights and Licenses in Macroeconomics Discussion

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SOLUTION: Kean University Patents Copyrights and Licenses in Macroeconomics Discussion 1

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Patents, Copyrights and Licenses
Student Name
Institution Affiliation




Patents, Copyrights and Licenses
Patents, licenses and copyrights laws are enacted in the United States by Congress to
protect the intellectual property’s value. The laws protect creative works and inventions of
people. Patents are issued to shield inventions while copyrights safeguard ideas. They all
inhibit other people from making, selling or using ideas and inventions. This grants the
inventor enough time to produce, market, and sell his or her product or idea. Patents are
issued for industrial processes, expedient machinery and manufactured products while…

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