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Intellectual property and the markets of ideas

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Abstract
This paper attempts to systematise the law and economics theory as it relates to intellectual property rights, while at the same time suggesting new perspectives for analysis. The standard literature on IPRs relies essentially on the thesis of the incentive to create and/or disclose new ideas. However, although this argument doubtless remains valid in the general case, it fails to satisfactorily take into account various consequences arising from the new legal institutions and the specific technological context. One important such consequence is the dynamic effect of intellectual property rights on the market structure of the sectors involved, which can at times interfere with the original competitive processes, or even drastically alter them. An economic analysis based on these premises --though as yet fragmented and non systematic-- might reveal a different overall balance of welfare for the individual rights and therefore lead to different regulatory and policy indications

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  • Giovanni B. Ramello, 2004. "Intellectual property and the markets of ideas," LIUC Papers in Economics 161, Cattaneo University (LIUC).
    • Handle: RePEc:liu:liucec:161
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    1. Ramello, Giovanni B., 2007. "Access to vs. exclusion from knowledge: Intellectual property, efficiency and social justice," POLIS Working Papers 90, Institute of Public Policy and Public Choice - POLIS.
    2. Giovanni B. Ramello, 2006. "What'S In A Sign ? Trademark Law And Economic Theory," Journal of Economic Surveys, Wiley Blackwell, vol. 20(4), pages 547-565, September.
    3. Antonio Nicita & Giovanni Ramello, 2005. "Exclusivity and Antitrust in Media Markets: The Case of Pay-TV in Europe," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 12(3), pages 371-387.
    4. Alexandra NOVAC, 2013. "Theoretical Approaches On The Economic Content Of The Category "Intellectual Property"," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 4, pages 167-170.
    5. Simplice A. Asongu & Antonio R. Andrés, 2017. "The impact of software piracy on inclusive human development: evidence from Africa," International Review of Applied Economics, Taylor & Francis Journals, vol. 31(5), pages 585-607, September.
    6. Jalles, João Tovar, 2010. "How to measure innovation? New evidence of the technology-growth linkage," Research in Economics, Elsevier, vol. 64(2), pages 81-96, June.
    7. Antonio Nicita & Giovanni Ramello & Frederic Scherer, 2005. "Intellectual Property Rights and the Organization of Industries: New Perspectives in Law and Economics," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 12(3), pages 289-296.
    8. Beata Namyślak, 2014. "Sektor kreatywny w gospodarce," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 153-176.

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