New England Economic Adventure
Share
Key Concepts
Exhibits
Plan a Visit
Games and Activities
Teaching Resources
Other Resources
About Us
Lesson Plans

Teacher Workshops

Terms & Theory

Projects for Students

Intellectual Property: How Allowing People to Own Ideas Helps Fuel Innovation

A four-unit lesson plan for middle- and high-school students

This lesson plan explores how letting people own ideas through the patent process promotes innovation, leading to improved productivity, lower production costs, and rising living standards. It demonstrates one role that government plays—in this case, through its responsibility for the patent process—in promoting economic growth.

In 2003, Tim Dwyer, a history teacher at Dedham High School, participated in a two-week, curriculum-related "externship" for middle- and high-school teachers offered at the Federal Reserve Bank of Boston in partnership with the City of Boston's School to Career initiative. During this brief program, he developed this lesson plan. Of special interest is his patent timeline, developed as a teaching tool for Lesson 3 of this unit, which helps students understand how inventions change—and in most cases improve—the way we live.

Lesson 1 - The Concept of Property in Our Society
Lesson 2 - Property Rights and Intellectual Property
Lesson 3 - How Inventions Change the Way We Live
Lesson 4 - Current Issues in Intellectual Property Law
Patent Timeline
Patent Vocabulary

KEY CONCEPTS | EXHIBITS | PLAN A VISIT | GAMES & ACTIVITIES | TEACHING RESOURCES | OTHER RESOURCES

ABOUT US | DIRECTIONS | CONTACT US | DISCLAIMER | SITE MAP | PRIVACY POLICIES