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Intellectual Property and the Markets of Ideas

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  • Ramello Giovanni B.

    (Department of Economics, Università Carlo Cattaneo, LIUC)

Abstract

This article summarizes the law and economics theory of IPRs, while at the same time suggests hints for further research. The standard literature on IPRs generally relies on the thesis of the incentive to create new ideas. Although this argument remains valid in the general case, in several circumstances it fails to take into account various consequences arising from the dynamic effect of IPRs on the market structure. The main conclusion is that the economic evaluation of IP based on a more suitable representation of creative contexts might reveal a different balance of welfare and lead to different policy indications.

Suggested Citation

  • Ramello Giovanni B., 2005. "Intellectual Property and the Markets of Ideas," Review of Network Economics, De Gruyter, vol. 4(2), pages 1-20, June.
    • Handle: RePEc:bpj:rneart:v:4:y:2005:i:2:n:4
    DOI: 10.2202/1446-9022.1071
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    1. 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.
    2. Beata Namyślak, 2014. "Sektor kreatywny w gospodarce," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 153-176.
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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.
    8. 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.

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