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- W1497469166 abstract "When we talk about intellectual property, it is often implicitly assumed that we are talking about private intellectual property. However, private property and the idea of private ownership do not exhaust the possibilities for accounts of ownership and of property. There are other ways that ownership can operate, such as common property. A resource is common property if its use is ‘governed by rules whose point is to make them available for use by all or any members of the society.’ As the economic importance of intellectual property (IP) has increased, the appropriate direction of IP policy has received extensive attention in the law and economics literatures: much of this debate has focused on the relative merits of open versus closed approaches to innovation, and of commons based versus private property approaches. Common ownership of physical resources such as fields and lakes has long been thought problematic. In Hardin’s classic example of the tragedy of the commons, people will tend to overgraze a field which is held in common, for it is in the interest of each shepherd to ensure that they have as many sheep as possible, and that each of their sheep are well-grazed; however if all (or most) shepherds behave in this way, then the commons will get overgrazed, and its ability to support sheep will soon be destroyed. However the considerations which make common ownership" @default.
- W1497469166 created "2016-06-24" @default.
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- W1497469166 date "2012-07-05" @default.
- W1497469166 modified "2023-09-27" @default.
- W1497469166 title "On the value of the intellectual commons" @default.
- W1497469166 cites W1983335516 @default.
- W1497469166 doi "https://doi.org/10.1017/cbo9780511920837.006" @default.
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