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Institutional Complementarities and Property Rights-Technology Equilibria under Knowledge Intensive Technology

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  • Erkan Gurpinar

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Abstract

The 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.

Suggested Citation

  • Erkan Gurpinar, 2013. "Institutional Complementarities and Property Rights-Technology Equilibria under Knowledge Intensive Technology," Department of Economics University of Siena 673, Department of Economics, University of Siena.
  • Handle: RePEc:usi:wpaper:673
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    File URL: http://repec.deps.unisi.it/quaderni/673.pdf
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    References listed on IDEAS

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    1. Boldrin,Michele & Levine,David K., 2010. "Against Intellectual Monopoly," Cambridge Books, Cambridge University Press, number 9780521127264, May.
    2. Stanley M. Besen & Leo J. Raskind, 1991. "An Introduction to the Law and Economics of Intellectual Property," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 3-27, Winter.
    3. Boldrin,Michele & Levine,David K., 2008. "Against Intellectual Monopoly," Cambridge Books, Cambridge University Press, number 9780521879286, May.
    4. Ha-Joon Chang, 2001. "Intellectual Property Rights and Economic Development: Historical lessons and emerging issues," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 2(2), pages 287-309.
    5. Machlup, Fritz & Penrose, Edith, 1950. "The Patent Controversy in the Nineteenth Century," The Journal of Economic History, Cambridge University Press, vol. 10(01), pages 1-29, May.
    6. Richard R. Nelson, 1959. "The Simple Economics of Basic Scientific Research," Journal of Political Economy, University of Chicago Press, vol. 67, pages 297-297.
    7. Ugo Pagano & Maria Rossi, 2004. "Incomplete Contracts, Intellectual Property and Institutional Complementarities," European Journal of Law and Economics, Springer, vol. 18(1), pages 55-76, July.
    8. Landini, Fabio, 2012. "Technology, property rights and organizational diversity in the software industry," Structural Change and Economic Dynamics, Elsevier, vol. 23(2), pages 137-150.
    9. Ugo Pagano, 2007. "Cultural globalisation, institutional diversity and the unequal accumulation of intellectual capital," Cambridge Journal of Economics, Oxford University Press, vol. 31(5), pages 649-667, September.
    10. Ugo Pagano & Maria Alessandra Rossi, 2010. "Property rights in the knowledge economy: an explanation of the crisis," Department of Economics University of Siena 586, Department of Economics, University of Siena.
    11. Pagano, Ugo & Rowthorn, Robert, 1994. "Ownership, technology and institutional stability," Structural Change and Economic Dynamics, Elsevier, vol. 5(2), pages 221-242, December.
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    Cited by:

    1. Nicita, Antonio & Pagano, Ugo, 2016. "Finance-technology complementarities: An organizational equilibria approach," Structural Change and Economic Dynamics, Elsevier, vol. 37(C), pages 43-51.

    More about this item

    Keywords

    Intellectual property rights; knowledge intensive technology; institutional complementarities;

    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, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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