Article: INTELLECTUAL PROPERTY KEY TO ECONOMY

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Intellectual property key to economy

WASHINGTON, Jul 25, 2002 (United Press International via COMTEX) - - Strong protection of intellectual property rights is crucial to the well being of the U.S. economy because such safeguards motivate people to create and sell new products, according to experts at a recent forum sponsored by two libertarian think tanks.

The Washington-based Competitive Enterprise Institute and the Lewisville, Texas-based Institute for Policy Innovation sponsored the forum last Monday to promote the continued protection of intellectual property rights at a time when many believe these rights are seriously threatened.

Intellectual property is defined ...

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