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Copyright and patent laws protect the expression of an artistic work and the formulation of an idea. Intellectual property rights are the basis for privately funded innovation, allowing companies that succeed in the marketplace to recoup their research, development, and marketing costs.
Source URL: https://cei.org/agenda-congress/clarify-role-intellectual-property-economy
 http://cei.org/sites/default/files/Wayne Crews - Clarify the Role of Intellectual Property in the Economy.pdf