The article discusses how property rights and trade in intangible assets, like those in the New Economy, can impact investment. Weak property rights can hinder the full exercise of rights to intangible assets. The balance between open access and strengthened property rights depends on a firm's strategy and legal protection. Strengthening economic property rights can be achieved through innovative ways to charge for intangible assets. Facilitating private contracts to protect intellectual property is crucial, rather than relying solely on patent and copyright laws. Current US patent legislation has led to costly litigation, disadvantaging small firms and individuals in disputes. Strengthening property rights for these entities can be done through insurance or arbitration procedures.