Institutional Complementarities and Property Rights-Technology Equilibria under Knowledge Intensive Technology
AbstractThe unprecedented development of intellectual property rights (both in scale and scope) has been one of the most important factors in the transformation of the world economy over the last three decades. We argue that, at least in part, economic importance of knowledge has brought an overreaching enclosure movement on it. IPRs regime protecting the knowledge base of firms deprives knowledge workers of owning the intellectual assets developed in the production process. This development, in turn, (a) has damaging consequences on the knowledge workers’ skills; thereby (b) the rise of a virtuous cycle between nonexclusive property rights and workers’ skills is prevented.
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Bibliographic InfoPaper provided by Department of Economics, University of Siena in its series Department of Economics University of Siena with number 673.
Date of creation: Apr 2013
Date of revision:
Intellectual property rights; knowledge intensive technology; institutional complementarities;
Find related papers by JEL classification:
- K11 - Law and Economics - - Basic Areas of Law - - - Property Law
- L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-27 (All new papers)
- NEP-ICT-2013-04-27 (Information & Communication Technologies)
- NEP-INO-2013-04-27 (Innovation)
- NEP-IPR-2013-04-27 (Intellectual Property Rights)
- NEP-KNM-2013-04-27 (Knowledge Management & Knowledge Economy)
- NEP-LAW-2013-04-27 (Law & Economics)
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