Quotes on Intellectual Property

Intellectual-property rules are clearly necessary to spur innovation: if every invention could be stolen, or every new drug immediately copied, few people would invest in innovation. But too much protection can strangle competition and can limit what economists call 'incremental innovation' - innovations that build, in some way, on others.

As I understand it, I am being paid only for my work in arranging the words; my property is that arrangement. The thoughts in this book, on the contrary, are not mine. They came freely to me, and I give them freely away. I have no "intellectual property," and I think that all claimants to such property are theives.