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000042153 008__ 200702s2012\\\\sz\\\\\\r\\\\\000\0\eng\d
000042153 040__ $$aSzGeWIPO$$beng$$erda
000042153 041__ $$aeng
000042153 1001_ $$aBurk, Dan L.
000042153 24503 $$aLaw and Economics of Intellectual Property :$$bIn Search of First Principles
000042153 264_1 $$a[Irvine, California] :$$b[University of California],$$c2012.
000042153 300__ $$a28 pages
000042153 336__ $$atext$$btxt$$2rdacontent
000042153 337__ $$aunmediated$$bn$$2rdamedia
000042153 338__ $$avolume$$bnc$$2rdacarrier
000042153 520__ $$aEconomic theory has struggled to produce a coherent narrative justifying the implementation of intellectual property regimes, although a variety of rationales have been advanced as explanations. The most prevalent justification characterizes the subject matter of intellectual property in terms of public goods, which are nonrivalrously and nonexclusively consumed and thus likely to be underproduced due to free-riding problems. On this view, intellectual property regimes are intended to provide an incentive for investment in valuable intangible goods. But because the social costs of intellectual property may be significant, this explanation is not an entirely persuasive justification. Consequently, other rationales, such as incentives to disclosure, or coordination of resources, have been advanced. Given the vast variety of innovative and creative activities subject to intellectual property protection, it may be that no one explanation is adequate but rather that different rationales, or different combinations of rationales, apply in different industries.
000042153 525__ $$aPublished in : UC Irvine School of Law Research Paper, 2012-60
000042153 605_0 $$aPatent
000042153 650_0 $$aCopyright
000042153 650_0 $$aTrademark
000042153 650_0 $$aIntellectual property
000042153 85641 $$uhttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=2113975##$$yView this resource
000042153 904__ $$aJournal article
000042153 980__ $$aBIB