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

Montgomery, Lucy & Potts, Jason D. (2009) Does weaker copyright mean stronger creative industries? Some lessons from China. Creative Industries Journal, 1(3).

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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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ID Code: 57411
Item Type: Journal Article
Refereed: Yes
DOI: 10.1386/cij.1.3.245_1
ISSN: 1751-0694
Subjects: Australian and New Zealand Standard Research Classification > LAW AND LEGAL STUDIES (180000) > LAW (180100) > Intellectual Property Law (180115)
Australian and New Zealand Standard Research Classification > LANGUAGES COMMUNICATION AND CULTURE (200000) > COMMUNICATION AND MEDIA STUDIES (200100)
Divisions: Past > Research Centres > ARC Centre of Excellence for Creative Industries and Innovation
Current > QUT Faculties and Divisions > Creative Industries Faculty
Copyright Owner: Copyright 2009 Intellect Ltd.
Deposited On: 19 Feb 2013 22:57
Last Modified: 20 Aug 2014 20:18

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