What Works | Small Business Podcast With Tara Mcmullin

What makes an idea valuable? What turns it into a product that can be bought, sold, or rented? Ideas turn into capital assets thanks to our system of intellectual property rights. But understanding IP isn’t simply a matter of learning what a trademark or patent is, and then learning how to leverage it to create wealth. To truly understand intellectual property, we need to under property—what it is and why it exists—first.In this episode, I explore the origins of our conception of private property, why we’ve coded intellectual property rights into law, and how one business owner—Jenny Blake—licenses her IP to companies to generate (relatively) passive income. Footnotes: Jenny Blake’s Free Time Jenny Blake’s Pivot Method Debt: The First 5,000 Years by David Graeber The Dawn of Everything by David Graeber and David Wengrow “Coding Land and Ideas | The Laws of Capitalism” featuring Katharina Pistor via the Institute for New Economic Thinking “Enclosure” on Wikipedia “Legal Evil” featuring Katharina Pistor via t