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

Montgomery, Lucy & Potts, Jason D. (2008) Global reuse and adaptation in the creative industries – Three further arguments against intellectual property based on lessons from China.

Abstract

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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ID Code: 2822
Item Type: Other
Additional Information: DIME Working Papers on Intellectual Property Rights, no.59. This paper can be freely accessed online via the web page provided (see hypertext link).
Additional URLs:
Keywords: Intellectual property, economic theory, China, music
Subjects: Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100) > Intellectual Property Law (180115)
Divisions: Current > Research Centres > ARC Centre of Excellence for Creative Industries and Innovation
Current > QUT Faculties and Divisions > Creative Industries Faculty
Past > Institutes > Institute for Creative Industries and Innovation
Copyright Owner: Copyright 2008 (please consult author)
Deposited On: 27 Aug 2008
Last Modified: 27 Aug 2014 23:02

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