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Simo Sorce wrote:
On Wed, 2003-07-30 at 22:59, Hartmut Pilch wrote:

   But "intellectual property" is not such an example.  The generalisation
   in this term is needed in many contexts.  We can not chose whether we want
   this concept to exist, we can only chose how to name it.

I have very rarely found a situation where this generalization
(including patents, trademarks and copyrights) is useful for clear
thinking.  If there is such a case, I think your proposed term
"exclusion rights" would be a good choice, but we should first try
separating the different issues.

What about the case of accounting assets of a company?

Patents, copyrights, trademarks etc, like real estate property titles,
have an estimatable value, can be sold etc.  Also, like real estate
property titles, their value is derived from a right to forbid people to
use certain ressources.


I don't think the fact you can sell something mean a property.
A service have a market value and is generally sold, but I find it hard
to think it is a property.
Eg: A lawyer make me a service I pay with hard money, but is his service
in any way like a property ??


When you pay someone to provide a service, you are not buying something from them, you are employing them to provide a service (admitedly, in most cases, you will also be buying some items, eg the new rubber seal that the plumber put in to fix the leaky pipe last week is now our rubber seal, but we were paying him for was knowing how to fix it.)
A copyright is the exclusive right (with certain exceptions, eg fair use) to make (or allow others to make) copies of a work, and that exclusive right can be bought, sold, bequeathed, etc. just like material property. While copyrights can be considered as property in some ways (mainly economic) the term "intellectual property" is a misleading one, as it confuses issues, and fails to describe what a copyright fundamentally is - the right to make copies.


For this context, "immaterial property" seems just perfect to me (as would
the lengthier "exclusion right based assets"), whereas "exclusion rights"
still lacks meaning of "asset".


Yes but the problem is that you own a title, a monopoly, not the thing
you have the title for!

You own the patent not the idea. The problem is that immaterial property
carry the idea that you own "the idea", not "an exclusive right on the
idea".


Another problem with "immaterial property" is that it is even vaguer and wider that "interlectual property" - an internet domain name is immaterial property, stocks and shares are immaterial property, most of the time, most of my money is, to me immaterial, as most of what goes into and out of my account is done via electronic transfers between my account and that of the student loans company, or my landlord, or the supermarket, I only use fairly small proportion of it as cash.

Andrew





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