Conservancies, which hold real property in trust for public purposes or administer easements restricting future uses of private property, are a successful means of securing public benefits within the system of private property ownership. They have been widely encouraged by governments, through tax regulations. Most of us are generally familiar with the idea that property owners may deed rights or donate easements limiting future development or exploitation to a non-profit organization, while continuing to live on their land or in their historic property. With the increased attention that businesses and individuals are paying to the value of knowledge assets, it should be no surprise the conservancy metaphor is now being extended to intellectual property (IP).
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