IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

Technology, Markets and the Subversion of Property Rights: Foundations of New Business Models

Listed author(s):
  • Andrew TAYLOR

    ()

    (Connect CEE SRL, Aleea Negru Voda 2, Bl. C4, Sc. 1, Ap. 25, Sector 3, Bucharest, 030775, Romania)

Registered author(s):

    The paper seeks to explore how shifts in property rights have been used to develop innovative models of organization that internalize the socio-economic costs of the immediate post-Communist era, in Romania. Using Bromley's (1991) definition of property as a triadic relationship, the case of apartment block infrastructure is used to show how a common property regime has provided a more optimal outcome than either an open or private property regime. How far collaboration and common ownership can be extended, through technology, into wider patterns of production and consumption is therefore a logical next question. There is considerable debate about the extent to which knowledge is becoming a greater source of value than products, as technology and globalization combine to drive the marginal cost of (re)production and delivery close to zero (Evans & Wurster 1997, Botsman & Rogers 2010, Mason 2013). Some companies are seeking to manage networks and use on-line rating systems to both establish trust and build communities of interest. Wikipedia has demonstrated how such networks can enable the emergence of commons spaces that can outperform privately controlled spaces. In Romania there is found to be much interest in collaborative consumption and emergent signs of collaborative approaches to production, but, as yet no significant technology driven common ownership models.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://icesba.eu/RePEc/icb/wpaper/ICESBA2017_Taylor_P337-346.pdf
    Download Restriction: no

    Article provided by Spiru Haret University in its journal Published in Procedia of Economics and Business Administration.

    Volume (Year): 4 (2017)
    Issue (Month): 1 (November)
    Pages: 337-346

    as
    in new window

    Handle: RePEc:icb:wpaper:v:4:y:2017:i:1:337-346
    Contact details of provider: Web page: http://icesba.eu

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as
    in new window


    1. Alchian, Armen A. & Demsetz, Harold, 1973. "The Property Right Paradigm," The Journal of Economic History, Cambridge University Press, vol. 33(01), pages 16-27, March.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:icb:wpaper:v:4:y:2017:i:1:337-346. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rocsana Bucea-Manea-Tonis)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.