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

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  • Erkan Gurpinar

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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    References listed on IDEAS

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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.

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    More about this item

    Keywords

    Intellectual property rights; knowledge intensive technology; institutional complementarities;
    All these keywords.

    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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