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===The Statute of Monopolies===
 
===The Statute of Monopolies===
Based on historical accounts, the first law enacted for the protection of Intellectual Property was English Statute of Monopolies of 1623, which serves as the original basis of Anglo-American Patent Law. The statute defined inventions as new and patents are granted for a limited time of 14 years and ended the granting of rights to ideas or works the are not original and are already being used by the general public.<ref>[http://www.legislation.gov.uk/aep/Ja1/21/3 Statute of Monopolies 1623]</ref>
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Based on historical accounts, the first law enacted for the protection of Intellectual Property was the English Statute of Monopolies of 1623, which serves as the original basis of Anglo-American Patent Law. The statute defined inventions as new and patents are granted for a limited time of 14 years, and ended the granting of rights to ideas or works the are not original and are already being used by the general public.<ref>[http://www.legislation.gov.uk/aep/Ja1/21/3 Statute of Monopolies 1623]</ref>
    
===Statute of Anne===
 
===Statute of Anne===

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