2.3 Economics of Information Production (Nutshell): Difference between revisions
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{{Body-Right-Nutshell|[[Image:Note.jpg|150px]]|Copyright, patents and trademarks are often lumped together under the term of ''intellectual property''. This term already implies that intellectual works are analogous to physical property which isn't the case. | {{Body-Right-Nutshell|[[Image:Note.jpg|150px]]|Copyright, patents and trademarks are often lumped together under the term of ''intellectual property''. This term already implies that intellectual works are analogous to physical property which isn't the case. | ||
*Information is a | *Information is a nonrival good: It can't be used up, information shared is information doubled. | ||
*Information is a core-prerequisite to creating new information. | *Information is a core-prerequisite to creating new information. | ||
Such exclusive monopoly rights lock information in and | Such exclusive monopoly rights lock information in and prohibit innovation. In a time where the basic tools for information production in form of computers are available to millions of people, the law still favours capital-intensive industries over individuals and small businesses.}} | ||
[[Category:Intro]] | [[Category:Intro]] | ||
[[Category:In a Nutshell]] | |||
Latest revision as of 12:37, 5 August 2008
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Copyright, patents and trademarks are often lumped together under the term of intellectual property. This term already implies that intellectual works are analogous to physical property which isn't the case.
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