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More intensive copyright enforcement reduces piracy, raises prices, and lowers consumer surplus. We show that these results do not hold regarding the extent rather than intensity of enforcement. When enforcement is targeted at high-value buyers such as corporate and government users, the...
Persistent link: https://www.econbiz.de/10010334574
The existence of formal IPR laws can be considered a prerequisite for having efficient law enforcement but does not imply efficient enforcement in itself. A simple model is constructed to explain the interplay between the IPR law and human behavior within counterfeiting countries. It shows how a...
Persistent link: https://www.econbiz.de/10010286412
This paper scrutinizes the effects of the European Directive on Copyright in the Digital Single Market on platform competition in media markets. Platforms that are Online Content-Sharing Service Providers must have a license agreement with collective management organizations that control the...
Persistent link: https://www.econbiz.de/10013177631
The paper presents a model of a software monopolist who benefits from a lagged network externality arising from … consumers' feedback through the so-called bug-fixing effect. That is, the software producer is able to correct errors in the … software code detected by previous users, improving her products over time. Another feature of the model is that it responds to …
Persistent link: https://www.econbiz.de/10010292742
Im Internet erfreut sich ein Geschäftsmodell erheblicher Beliebtheit, bei welchem den Nut-zern Dienstleistungen oder Inhalte (in traditionellen Geldeinheiten) unentgeltlich zur Verfügung gestellt werden und stattdessen die auf dem Wege der Nutzung durch die Nutzer (bewusst oder unbewusst)...
Persistent link: https://www.econbiz.de/10011713302
This paper studies an industry in which firms can choose to provide open or closed platforms. Open platforms, as opposed to closed, are extendable so third-party producers can develop extensions for them. Building on a two-sided market model, I show that firms might prefer to commit to keeping...
Persistent link: https://www.econbiz.de/10010320284
Der Begriff des Wachstumsunternehmens steht für eine der wichtigsten industriepolitischen Weichenstellungen im Deutschland der 90er Jahre. Um die Innovations- und Wachstumseffekte des typischen Hightech-Unternehmens des Silicon Valleys erschließen zu können, wurde versucht, institutionelle...
Persistent link: https://www.econbiz.de/10010307105
One of the more prominent recent failures in institutional innovation in Germany was the Neuer Markt (1997-2003), a special segment of the Frankfurt stock exchange designed for high-growth companies. Based in part on insights from the law and economics approach to agency theory, which emphasizes...
Persistent link: https://www.econbiz.de/10010307106
software industry shows that the global-local dichotomy in the innovation debate does not suffice to describe their complex …
Persistent link: https://www.econbiz.de/10011291797
software industry is examined. To provide an understanding of the relationship between the suppliers of capital and the … and the investor characteristics germane to the software industry. Results for the software sector are compared with …
Persistent link: https://www.econbiz.de/10011310376