Economics at your fingertips  

Information and intellectual property: the global challenges

Rishab Ghosh () and Luc Soete

Industrial and Corporate Change, 2006, vol. 15, issue 6, 919-935

Abstract: Looking back to the seminal papers by Richard R. Nelson, "The simple economics of basic scientific research," and Kenneth Arrow, "Economic welfare and the allocation of resources for invention," this article claims that in the last fifty years, there has been a paradigm change in our understanding of the economics of research and invention. The article argues that there are innovations within the process of innovation itself, and in particular in the instruments of promoting invention and innovation--the exclusive intellectual property rights granted to single economic actors for individual innovations--with, as a result, the emergence of various forms of collaborative innovation in different domains. The article concludes that the implications for the contribution of invention and innovation for global growth and development are significant. Copyright 2006, Oxford University Press.

Date: 2006
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Information and intellectual property: The global challenges (2006) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

Access Statistics for this article

Industrial and Corporate Change is currently edited by David Teece, Glenn R. Carroll, Nick Von Tunzelmann, Giovanni Dosi and Franco Malerba

More articles in Industrial and Corporate Change from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press () and Christopher F. Baum ().

Page updated 2021-11-19
Handle: RePEc:oup:indcch:v:15:y:2006:i:6:p:919-935