Innovation economists believe that what primarily drives economic growth in today’s knowledge-based economy is not capital accumulation, but innovative capacity. So we hear about graduate business programs in entrepreneurship; investment in “innovation.”
In this setting, should an entrepreneur bother with intellectual property issues as she moves forward with her new venture? After all, it is about the dream, right? And we have all heard the old adage — entrepreneurs don’t steal other entrepreneurs’ ideas because they are too obsessed with their own. So the entrepreneur should feel safe, at least among other entrepreneurs, sharing her ideas openly and seeking input from colleagues, right?
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