Quote:
Originally Posted by Nate the great
Here is what separates IP from physical property. Physical property exists; you can put your hands on it. IP would not exist without having been legislated into existense.
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So what about, say, shares in a company? Shares are a completely abstract concept - they are a measure of "ownership", which certainly isn't anything physical. And yet the law has no problem with you leaving somebody company shares in your will. Shares are just as much "intellectual property" as income from a book is.