haku: @indexterm New economy / yhteensä: 26
viite: 15 / 26
| Tekijä: | Brousseau, E. |
| Otsikko: | Property rights on the Internet: Is a specific institutional framework needed? |
| Lehti: | Economics of innovation and new technology
2004 : JUL, VOL. 13:5, p. 489-507 |
| Asiasana: | New economy Internet Regulations |
| Vapaa asiasana: | Intellectual property rights |
| Kieli: | eng |
| Tiivistelmä: | Digital technologies allow the implementation (here as: impl.) of more decentralized Property Rights (PR) systems as compared to those traditionally set-up by public authorities at the national level. The self-impl. of exclusive rights of use over information and the design of self-regulation by virtual communities enable agents to set-up and manage PR according to their local constraints and individual preferences. However, a decentralized system has weaknesses. It can result in conflicts and defaults of enforcement possibly discouraging investments. It can also induce inefficient capture of public goods and favour the development of monopolies. Implementing a last resort authority in charge of limiting and preventing these inefficiencies might result in a more efficient use of resources. Based on the principle of subsidiarity, it should supervise the behaviours of individuals and communities to prevent boundless capture of public wealth by individual interests, to solve conflicts among claims for exclusive rights of use and among local regulations, and to guarantee enforcement when exclusive rights of use are legitimate. |
SCIMA