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Intellectual Property Rights and the Organization of Industries: New Perspectives in Law and Economics

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  • Antonio Nicita
  • Giovanni Ramello
  • Frederic Scherer

Abstract

The process of innovation usually differs from one industry to another, according to level of expected rents, the uncertainty over the return of investments and competition dynamics. The diversity of industries is largely reflected not only in their rate of innovation and growth, but also in the evolution of their governance structures. Notwithstanding the pervasive diversity of the organization of industries, the legal protection accorded by IPRs has evolved as a standard rule that grants the same protection across heterogeneous industries. In order to avoid economic distortions and rent dissipation, IPRs' definition and enforcement should be implemented on a case by case basis.

Suggested Citation

  • Antonio Nicita & Giovanni Ramello & Frederic Scherer, 2005. "Intellectual Property Rights and the Organization of Industries: New Perspectives in Law and Economics," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 12(3), pages 289-296.
    • Handle: RePEc:taf:ijecbs:v:12:y:2005:i:3:p:289-296
    DOI: 10.1080/13571510500299029
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    References listed on IDEAS

    as
    1. Ramello Giovanni B., 2005. "Intellectual Property and the Markets of Ideas," Review of Network Economics, De Gruyter, vol. 4(2), pages 1-20, June.
    2. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
    3. Anderson, Robert D, 1998. "The Interface between Competition Policy and Intellectual Property in the Context of the International Trading System," Journal of International Economic Law, Oxford University Press, vol. 1(4), pages 655-678, December.
    4. Richard R. Nelson, 1959. "The Simple Economics of Basic Scientific Research," Journal of Political Economy, University of Chicago Press, vol. 67, pages 297-297.
    5. Giovanni B. Ramello, 2003. "Copyright and antitrust issues," Chapters, in: Wendy J. Gordon & Richard Watt (ed.), The Economics of Copyright, chapter 7, pages 118-147, Edward Elgar Publishing.
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    Cited by:

    1. Giovanni B. Ramello, 2006. "What'S In A Sign ? Trademark Law And Economic Theory," Journal of Economic Surveys, Wiley Blackwell, vol. 20(4), pages 547-565, September.
    2. Castaldo Angelo & Nicita Antonio, 2007. "Essential Facility Access in Europe: Building a Test for Antitrust Policy," Review of Law & Economics, De Gruyter, vol. 3(1), pages 83-110, April.
    3. Erstu Tarko Kassa & Tilahun Getnet Mirete, 2022. "Exploring factors that determine the innovation of micro and small enterprises: the role of entrepreneurial attitude towards innovation in Woldia, Ethiopia," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-16, December.

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