What are the arguments for and against this position? What would be the features of a well-balanced intellectual property protection regime for fashion designs? Critically discuss, with reference to current and proposed US and EU design and copyright laws.

There is a body of US academic opinion holding that copying promotes innovation and intellectual property protection impedes it. What are the arguments for and against this position? What would be the features of a well-balanced intellectual property protection regime for fashion designs? Critically discuss, with reference to current and proposed US and EU design and copyright laws.