Intellectual property—patents, copyright, trademarks, trade secrets—plays a vital role in economic growth and prosperity. Yet outside of law schools, most American colleges provide little or no opportunity for students to receive any substantive instruction in it. As a result, students often graduate under the misimpression, no doubt shared by many of their professors, that IP is a topic of interest and relevance only to lawyers, with little connection to their own careers. That couldn’t be more incorrect. Intellectual property, at the highest level, addresses the creations of the mind. It is why writers, architects, filmmakers, and musicians can pursue a living practicing their crafts. It provides protection for the individual entrepreneur who pours his or her life savings into developing an invention that could change the world. And it drives investments to develop the technologies and medicines that have improved the lives of billions of people.
In short, the very things that a college education is designed to cultivate, including the ability to innovate, to be creative, and to observe the world and come up with ways to make it better, are tied directly to intellectual-property rights. Colleges owe it to their students to do a better job of offering courses that can provide at least a foundational level of awareness of the subject. Graduates who enter the job market without that awareness can make costly mistakes. One who starts a technology company without a basic understanding of how to handle patentable inventions could inadvertently take steps that would prevent her from patenting those inventions. A graduate who accepts a job in a company involved in content creation or distribution, but who doesn’t understand the basics of copyright, could cause his employer to be dragged into a lawsuit. Proper handling of trade secrets, whether information about customers, computer code, or forthcoming product releases, is essential to the success of any enterprise. In a world that is increasingly interconnected, and in which content and ideas can be generated, shared, and collaboratively enhanced ever faster, there are also broader societal benefits to creating a more IP-aware, innovation-capable work force. Every academic discipline is connected to innovation. Nearly every job to which graduates aspire involves some exercise of creativity, whether it is designing computer chips, cars, or buildings; writing songs, screenplays, articles, and books; teaching children, college students, or retirees; or founding a company. An understanding of intellectual-property rights has at least some potential relevance, and often vital relevance, in every discipline. Against this backdrop, the good news is that students, at both the undergraduate and graduate level, are eager to learn about IP when given the opportunity. [More of this article]
By John Villasenor teaches in the schools of engineering, public affairs, and management at the University of California at Los Angeles. He is also a nonresident senior fellow at the Brookings Institution.