Jump to ContentJump to Main Navigation
Show Summary Details

Review of Law & Economics

Editor-in-Chief: Parisi, Francesco

Ed. by Cooter, Robert D. / Gómez Pomar, Fernando / Kornhauser, Lewis A. / Parchomovsky, Gideon / Engel, Christoph

3 Issues per year


SCImago Journal Rank (SJR) 2015: 0.196
Source Normalized Impact per Paper (SNIP) 2015: 0.401
Impact per Publication (IPP) 2015: 0.244

Online
ISSN
1555-5879
See all formats and pricing
Volume 5, Issue 3 (Dec 2009)

Issues

Volume 13 (2017)

Does Intellectual Monopoly Help Innovation?

Michele Boldrin
  • Washington University in St. Louis
/ David K. Levine
  • Washington University in St. Louis
Published Online: 2009-12-31 | DOI: https://doi.org/10.2202/1555-5879.1438

In this paper, we begin our analysis of copyrights and patents by asking: why should creators have the right to control how purchasers make use of an idea or new good? This gives creators a monopoly over the idea. We refer to this right as “intellectual monopoly,” to emphasize that it is this monopoly over all copies of an idea that is controversial, not the right to buy and sell copies. The government does not ordinarily enforce monopolies for producers of other goods. This is because it is widely recognized that monopoly creates many social costs. Intellectual monopoly is no different in this respect. The question we address is whether it also creates social benefits commensurate with these social costs.

About the article

Published Online: 2009-12-31


Citation Information: Review of Law & Economics, ISSN (Online) 1555-5879, DOI: https://doi.org/10.2202/1555-5879.1438. Export Citation

Citing Articles

Here you can find all Crossref-listed publications in which this article is cited. If you would like to receive automatic email messages as soon as this article is cited in other publications, simply activate the “Citation Alert” on the top of this page.

[1]
Leonhard Dobusch
Information & Communications Technology Law, 2012, Volume 21, Number 2, Page 179
[2]
Fariba Hashemi
Pharmacology & Pharmacy, 2012, Volume 03, Number 01, Page 1
[3]
Torsten Heinrich
Technological Forecasting and Social Change, 2014, Volume 81, Page 309

Comments (0)

Please log in or register to comment.
Log in