Global reuse and adaptation in the creative industries - Three further arguments against intellectual property based on lessons from China

This paper reviews the theory of intellectual property (IP) in the creative industries (CI) from the open system evolutionary economic perspective. We argue that many current confusions about the nature and role of IP and dysfunctions of extant IP regimes in the CI can be traced to three widely over...

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Main Authors: Montgomery, Lucy, Potts, J.
Format: Working Paper
Published: - 2008
Online Access:http://www.dime-eu.org/working-papers/wp14/59#attachments
http://hdl.handle.net/20.500.11937/45141
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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 This paper reviews the theory of intellectual property (IP) in the creative industries (CI) from the open system evolutionary economic perspective. We argue that many current confusions about the nature and role of IP and dysfunctions of extant IP regimes in the CI can be traced to three widely overlooked aspects of the open system 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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spelling curtin-20.500.11937-451412017-01-30T15:18:57Z Global reuse and adaptation in the creative industries - Three further arguments against intellectual property based on lessons from China Montgomery, Lucy Potts, J. This paper reviews the theory of intellectual property (IP) in the creative industries (CI) from the open system evolutionary economic perspective. We argue that many current confusions about the nature and role of IP and dysfunctions of extant IP regimes in the CI can be traced to three widely overlooked aspects of the open system 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. 2008 Working Paper http://hdl.handle.net/20.500.11937/45141 http://www.dime-eu.org/working-papers/wp14/59#attachments - restricted
spellingShingle Montgomery, Lucy
Potts, J.
Global reuse and adaptation in the creative industries - Three further arguments against intellectual property based on lessons from China
title Global reuse and adaptation in the creative industries - Three further arguments against intellectual property based on lessons from China
title_full Global reuse and adaptation in the creative industries - Three further arguments against intellectual property based on lessons from China
title_fullStr Global reuse and adaptation in the creative industries - Three further arguments against intellectual property based on lessons from China
title_full_unstemmed Global reuse and adaptation in the creative industries - Three further arguments against intellectual property based on lessons from China
title_short Global reuse and adaptation in the creative industries - Three further arguments against intellectual property based on lessons from China
title_sort global reuse and adaptation in the creative industries - three further arguments against intellectual property based on lessons from china
url http://www.dime-eu.org/working-papers/wp14/59#attachments
http://hdl.handle.net/20.500.11937/45141