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Tech Giants as Intellectual Monopolies

In: The Digital Innovation Race

Author

Listed:
  • Cecilia Rikap

    (City, University of London
    CONICET)

  • Bengt-Åke Lundvall

    (Aalborg University)

Abstract

In this chapter, we introduce and further develop the intellectual monopoly concept and argue that US and Chinese tech giants are paradigmatic examples. We distinguish different degrees of intellectual monopoly and identify data-driven intellectual monopolies as belonging to the highest degree. They have monopolized a new method of invention: the application of deep learning and neural networks to process big data, producing digital intelligence that locates the most promising new combinations of the existing elements of knowledge. The chapter considers the threats for society of tech giants’ consolidation as data-driven intellectual monopolies.

Suggested Citation

  • Cecilia Rikap & Bengt-Åke Lundvall, 2021. "Tech Giants as Intellectual Monopolies," Springer Books, in: The Digital Innovation Race, chapter 0, pages 23-42, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-89443-6_2
    DOI: 10.1007/978-3-030-89443-6_2
    as

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