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Information and intellectual property: The global challenges

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Author Info

  • Aiyer Ghosh, Rishab

    ()
    (UNU-MERIT)

  • Soete, Luc

    ()
    (UNU-MERIT)

Abstract

The paper analyses the contribution of 'golden papers' - seminal works whose ideas remain as fresh and relevant today as when they were first published decades ago - and which continue to dominate academic discourse among successive generations of scholars. The authors analyse why two works written within an industrial development context: The simple economics of basic scientific research, by Richard Nelson (1959) and Kenneth Arrows Economic Welfare and the Allocation of Resources for Invention (1962), are so relevant in today’s knowledge-driven economic paradigm. Focusing on the papers’ application to current global policy debates on information/knowledge and intellectual property, they argue that while the context has changed the essential nature of innovation - driven by widespread access to the ability to replicate and improve - remains the same. Hence a focus on endogenous innovation policy is as relevant today as it was 50 years ago.

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Bibliographic Info

Paper provided by United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) in its series MERIT Working Papers with number 029.

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Date of creation: 2006
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Handle: RePEc:unm:unumer:2006029

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Related research

Keywords: knowledge economy; science and technology; innovation; intellectual property rights; institutional change;

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References

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  1. Nuvolari, A., 2003. "Open source software development: some historical perspectives," Eindhoven Center for Innovation Studies (ECIS) working paper series 03.01, Eindhoven Center for Innovation Studies (ECIS).
  2. Rosenberg, Nathan, 1990. "Why do firms do basic research (with their own money)?," Research Policy, Elsevier, vol. 19(2), pages 165-174, April.
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Cited by:
  1. Soete, Luc, 2008. "Science, Technology and Development: Emerging concepts and visions," MERIT Working Papers 001, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

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