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Intellectual Property and the Markets of Ideas

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  • Ramello Giovanni B.

    ()
    (Department of Economics, Università Carlo Cattaneo, LIUC)

Abstract

This article summarizes the law and economics theory of IPRs, while at the same time suggests hints for further research. The standard literature on IPRs generally relies on the thesis of the incentive to create new ideas. Although this argument remains valid in the general case, in several circumstances it fails to take into account various consequences arising from the dynamic effect of IPRs on the market structure. The main conclusion is that the economic evaluation of IP based on a more suitable representation of creative contexts might reveal a different balance of welfare and lead to different policy indications.

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Bibliographic Info

Article provided by De Gruyter in its journal Review of Network Economics.

Volume (Year): 4 (2005)
Issue (Month): 2 (June)
Pages: 1-20

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Handle: RePEc:bpj:rneart:v:4:y:2005:i:2:n:4

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  12. Ashish Arora & Alfonso Gambardella, 1997. "Public Policy towards Science : Picking Stars or Spreading the Wealth ?," Revue d'Économie Industrielle, Programme National Persée, vol. 79(1), pages 63-75.
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Cited by:
  1. Jalles, João Tovar, 2010. "How to measure innovation? New evidence of the technology-growth linkage," Research in Economics, Elsevier, vol. 64(2), pages 81-96, June.
  2. Ramello, Giovanni B., 2007. "Access to vs. exclusion from knowledge: Intellectual property, efficiency and social justice," POLIS Working Papers, Institute of Public Policy and Public Choice - POLIS 90, Institute of Public Policy and Public Choice - POLIS.

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