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Artistic Creation and Intellectual Property: A Professional Career Approach

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Author Info

  • Alcalá Francisco

    ()
    (UNIVERSITY OF MURCIA VALENCIAN ECONOMIC RESEARCH INSTITUTE (Ivie))

  • González Maestre Miguel

    ()
    (Universidad de Murcia)

Abstract

Reaching high levels of artistic creation in a society requires institutions that facilitate the sorting of the most talented individuals of each generation and the development of their skills across artistic careers. This working paper takes a professional career approach to analyzing how copyright regulation affects artistic creation. It builds an overlapping-generations model of artists in which the number and average talent of senior artists in each period is linked to the number of young artists in previous periods. Long copyrights increase superstar market concentration and can reduce the number of young artists who are able to pursue artistic careers. As a result, in the long run, excessively long copyrights can reduce artistic creation, the average talent of artists, and social welfare.

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Bibliographic Info

Paper provided by Fundacion BBVA / BBVA Foundation in its series Working Papers with number 2010103.

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Length: 47
Date of creation: Dec 2010
Date of revision:
Handle: RePEc:fbb:wpaper:2010103

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Related research

Keywords: Copyrights; superstars; sorting of talent; artistic markets;

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References

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  1. Gene M Grossman & Edwin L Lai, 2004. "International Protection of Intellectual Property," Levine's Working Paper Archive 122247000000000442, David K. Levine.
  2. repec:reg:rpubli:317 is not listed on IDEAS
  3. MacDonald, Glenn M, 1988. "The Economics of Rising Stars," American Economic Review, American Economic Association, vol. 78(1), pages 155-66, March.
  4. Johnson, William R, 1978. "A Theory of Job Shopping," The Quarterly Journal of Economics, MIT Press, vol. 92(2), pages 261-78, May.
  5. Michele Boldrin & David K. Levine, 2006. "Growth and Intellectual Property," NBER Working Papers 12769, National Bureau of Economic Research, Inc.
  6. Spierdijk, Laura & Voorneveld, Mark, 2007. "Superstars without talent? The Yule distribution controversy," Working Paper Series in Economics and Finance 658, Stockholm School of Economics, revised 09 May 2007.
  7. Landes, William M & Posner, Richard A, 1989. "An Economic Analysis of Copyright Law," The Journal of Legal Studies, University of Chicago Press, vol. 18(2), pages 325-63, June.
  8. Novos, Ian E & Waldman, Michael, 1984. "The Effects of Increased Copyright Protection: An Analytic Approach," Journal of Political Economy, University of Chicago Press, vol. 92(2), pages 236-46, April.
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