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copyrights continues to be scarce, primarily due to a lack of exogenous variation in modern copyright laws. To address this issue … and durability. Notably, there is no evidence of comparable benefits for extensions in copyright lengths beyond the life …
Persistent link: https://www.econbiz.de/10014141841
Copyrights establish intellectual property in cultural goods, such as music, literature, and science. Intended to encourage creativity, they can however also create significant costs for later generations of authors, inventors, and composers. This paper examines the effects of such costs on...
Persistent link: https://www.econbiz.de/10012937577
What is the optimal system of intellectual property rights to encourage innovation? Empirical evidence from economic history can help to inform important policy questions that have been difficult to answer with modern data: For example, does the existence of strong patent laws encourage...
Persistent link: https://www.econbiz.de/10010607534
Proponents of stronger copyright terms have argued that stronger copyright terms encourage creativity by increasing the … not available to the public. Moreover at current copyright lengths of 70 years after the author's death, further … extensions may not have any effects on the profitability of authorship. To investigate effects of copyright at lower pre …
Persistent link: https://www.econbiz.de/10011264932
This chapter summarizes historical evidence on the link between patent laws and innovation. Earlier historical analyses have emphasized the importance of patent laws in encouraging innovation. Data on exhibits at international technology fairs, such as the 1851 Crystal Palace world’s fair,...
Persistent link: https://www.econbiz.de/10014141959
This paper introduces a unique historical data set of more than 8,000 British and American innovations at world fairs between 1851 and 1915 to explore the relationship between patents and innovations. The data indicate that the majority of innovations - 89 percent of British exhibits in 1851 -...
Persistent link: https://www.econbiz.de/10014055852
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