At the heart of most thinking about innovation is the belief that people expect to be paid for their creative work: hence the need to protect and reward the creation of intellectual property.
Nano-composite plastics are going to be a major component of nano-enhanced food packaging, and Nanocor has more than 40 issued patents in its intellectual property portfolio, primarily regarding the creation of nanoclays and nanomer surface treatments.
The most controversial aspect of the new law is the creation of a government committee on intellectual property with the power to close suspect websites pending the outcome of any court appeal.
And the first rumblings of a rights-management system for controlling the sharing of physical things are appearing: The IP-hoarding firm Intellectual Ventures received a patent in October for a 3-D printer feature that blocks the creation of verboten objects.