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Artistic Creation and Intellectual Property: A Professional Career Approach

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  • Francisco Alcalá
  • Miguel González‐Maestre

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 throughout the artistic career. The impact of long copyrights is not straightforward in this respect. This paper takes a professional career approach to analyzing how copyright regulation affects artistic creation. It does so within an overlapping‐generations model of artists. Long copyrights increase superstar market concentration and can reduce the number of young artists being 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.

Suggested Citation

  • Francisco Alcalá & Miguel González‐Maestre, 2012. "Artistic Creation and Intellectual Property: A Professional Career Approach," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 21(3), pages 633-672, September.
    • Handle: RePEc:bla:jemstr:v:21:y:2012:i:3:p:633-672
    DOI: j.1530-9134.2012.00338.x
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    More about this item

    JEL classification:

    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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