Forever Minus a Day? Theory and Empirics of Optimal Copyright Term
AbstractThe optimal term of copyright has been a matter for extensive debate over the last decade. Using a simple model we characterise optimal term as a function of a few key parameters. We estimate this function using a combination of new and existing data on recordings and books and find an optimal term of around fifteen years. This is substantially shorter than any current copyright term and implies that existing copyright terms are too long.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 8887.
Date of creation: Jan 2008
Date of revision: 15 May 2008
Copyright; Intellectual Property; Copyright Term;
Find related papers by JEL classification:
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-05-31 (All new papers)
- NEP-CUL-2008-05-31 (Cultural Economics)
- NEP-INO-2008-05-31 (Innovation)
- NEP-IPR-2008-05-31 (Intellectual Property Rights)
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