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As some scholars have requested, this essay briefly reviews the precedent studies over “Intellectual Capital Money (IKM)” with a unified perspective in the form of a statement of purpose. The first component designs the IKM funding under the balance sheet approach. The second component shows...
Persistent link: https://www.econbiz.de/10014346505
The antecedent studies have designed new funding with the intellectual capital money (IKM) upon trading the intellectual capital (IK) to ensure unimpeded access to it and spur its generation and exploitation. This piece examines the static and dynamic behavior of IKM in an open economy. The...
Persistent link: https://www.econbiz.de/10014346507
The antecedent studies have designed a novel financial mechanism in which, upon trading intellectual capital, the economy creates or receives money to ensure unimpeded capital access and spur its generation and exploitation. This piece summarises some mathematical aspects, allowing us to apply...
Persistent link: https://www.econbiz.de/10014358610
Following the latest comprehensive working paper proposal for the Intellectual Property Currency (IPC) at SSRN: http://ssrn.com/abstract=4160537, we have built a scenario showing a specific example of the IPC framework for better understanding it. The scenario describes a quantitative story...
Persistent link: https://www.econbiz.de/10014079086
There has been a longstanding concern about protecting intellectual capital. The legislation awards a generator of the capital with a finite period of a monopoly right to access it.Under the protection, a right holder may exclusively exploit its intellectual capital and assign or license the...
Persistent link: https://www.econbiz.de/10014080884
his essay places the first blueprint for the Intellectual Property Currency (IPC) funding that the International Central Bank for Intellectual Properties (ICB/IP) would issue to finance the implementation of intellectual capital and the generation of the next one. The blueprint formulates the...
Persistent link: https://www.econbiz.de/10014084592
To ensure free access to a patented innovation while protecting the patentee’s profit, I would like to propose new legislation of patents, in which the International Central Bank would supply the Intellectual Property Currency. The Currency would enhance innovations based on the concept of...
Persistent link: https://www.econbiz.de/10013307588
This essay designs some simple formulations of the Intellectual Property Currency (ICP) that the International Central Bank for Intellectual Properties (ICB/IP) would issue to finance the implementation of patented innovation and the generation of the next one. When the national central Bank A...
Persistent link: https://www.econbiz.de/10013289931
This essay calls for experts’ opinions, ideas, and proposals on fundamental concepts of Intellectual Property Currency in international macroeconomics. The notions may include global reserve assets, a solution to the monetary trilemma, and asymmetric monetary adjustment with managed floating...
Persistent link: https://www.econbiz.de/10013291972
Precedent studies have designed a novel financial mechanism ensuring others access and exploit intellectual capital while protecting the right holder’s profit. By the mechanism, the national central bank would fund the generation and adoption of intellectual capital, e.g., a license fee, and...
Persistent link: https://www.econbiz.de/10014240654