Does weaker copyright mean stronger creative industries? Some lessons from China

We review the theory of intellectual property (IP) in the creative industries (CI) from the evolutionary economic perspective based on evidence from China. We argue that many current confusions and dysfunctions about IP can be traced to three widely overlooked aspects of the growth of knowledge cont...

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Main Authors: Montgomery, Lucy, Potts, J.
Format: Journal Article
Published: Routledge 2009
Online Access:http://hdl.handle.net/20.500.11937/44364
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author Montgomery, Lucy
Potts, J.
author_facet Montgomery, Lucy
Potts, J.
author_sort Montgomery, Lucy
building Curtin Institutional Repository
collection Online Access
description We review the theory of intellectual property (IP) in the creative industries (CI) from the evolutionary economic perspective based on evidence from China. We argue that many current confusions and dysfunctions about IP can be traced to three widely overlooked aspects of the growth of knowledge context of IP in the CI: (1) the effect of globalization; (2) the dominating relative economic value of reuse of creative output over monopoly incentives to create input; and (3) the evolution of business models in response to institutional change. We conclude that a substantial weakening of copyright will, in theory, produce positive net public and private gain due to the evolutionary dynamics of all three dimensions.
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institution Curtin University Malaysia
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spelling curtin-20.500.11937-443642017-09-13T15:59:12Z Does weaker copyright mean stronger creative industries? Some lessons from China Montgomery, Lucy Potts, J. We review the theory of intellectual property (IP) in the creative industries (CI) from the evolutionary economic perspective based on evidence from China. We argue that many current confusions and dysfunctions about IP can be traced to three widely overlooked aspects of the growth of knowledge context of IP in the CI: (1) the effect of globalization; (2) the dominating relative economic value of reuse of creative output over monopoly incentives to create input; and (3) the evolution of business models in response to institutional change. We conclude that a substantial weakening of copyright will, in theory, produce positive net public and private gain due to the evolutionary dynamics of all three dimensions. 2009 Journal Article http://hdl.handle.net/20.500.11937/44364 10.1386/cij.1.3.245_1 Routledge restricted
spellingShingle Montgomery, Lucy
Potts, J.
Does weaker copyright mean stronger creative industries? Some lessons from China
title Does weaker copyright mean stronger creative industries? Some lessons from China
title_full Does weaker copyright mean stronger creative industries? Some lessons from China
title_fullStr Does weaker copyright mean stronger creative industries? Some lessons from China
title_full_unstemmed Does weaker copyright mean stronger creative industries? Some lessons from China
title_short Does weaker copyright mean stronger creative industries? Some lessons from China
title_sort does weaker copyright mean stronger creative industries? some lessons from china
url http://hdl.handle.net/20.500.11937/44364