Much ink has been spilled explaining how the protection of exclusive rights in intellectual property (IP) has spurred innovation, creativity and culture. In today's digital economy, however, a corollary to this axiom has emerged: Sensible limitations on those exclusive rights are just as crucial for innovation, creativity and culture. For copyright, in particular, limitations on exclusive rights are driving economic growth, opening new opportunities for creators and incubating new technologies. This perspective reveals limitations on and exceptions to copyright not as grudging concessions, but rather as coequal partners with exclusive rights in copyright's mission to create incentives for culture and innovation.
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