Intellectual Protectionism is a derogatory term for the expansion of copyright, patent, and similar laws. It is often used as an ironic synonym, as it shares initials with "intellectual property", especially by proponents of free culture, who seek to relax restrictions on distribution of digital works.
Calling these laws ‘protectionism’ is an analogy derived from economic protectionism, a practice or policy whereby a country imposes levies or restrictions on imported goods in order to favour domestic markets. The basis for this comparison stems from the argument that:
Joseph Stiglitz wrote in 2005 that "An intellectual property regime rewards innovators by creating a temporary monopoly power, allowing them to charge far higher prices than they could if there were competition ... faster innovation offsets the enormous costs of such inefficiencies. But it has become increasingly clear that excessively strong or badly formulated intellectual property rights may actually impede innovation – and not just by increasing the price of research." *
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