scholarly journals Intellectual Property Rights and Ex-Post Transaction Costs: The Case of Open and Closed Source Software

Author(s):  
Sebastian von Engelhardt
2011 ◽  
Vol 3 (1) ◽  
pp. 78-128 ◽  
Author(s):  
Thomas Hellmann ◽  
Veikko Thiele

This paper develops a multitask model where employees make choices between their assigned standard tasks, for which the firm has a performance measure and provides incentives, and privately observed innovation opportunities that fall outside of the performance metrics, and require ex post bargaining. If innovations are highly firm specific, firms provide lower-powered incentives for standard tasks to encourage more innovation, yet in equilibrium employees undertake too few innovations. The opposite occurs if innovations are less firm specific. We also investigate the effectiveness of several possibilities to encourage innovation, such as tolerance for failure, stock-based compensation, and the allocation of intellectual property rights. (JEL D21, J33, M12, O31, O34)


2021 ◽  
Vol 1 (4(57)) ◽  
pp. 45-48
Author(s):  
Natalia Kondratenko

The object of research is information inequality. Information inequality is seen as a socio-economic problem that can be solved with the help of confident actions of the state. Data analysis confirmed the problem of the «digital divide» at the global and regional levels. The transformation of the information services market depends on the quality of the Internet. The growing number of Internet users is a global tendency, but at the regional level it is possible to see clear differences, which creates problems for obtaining quality educational, financial and professional services. Both negative and positive consequences of information inequality are considered. Along with the growing importance of modern information technologies and services in society, inequality between certain segments of the population is growing. Some people for various reasons may have restrictions on access to information, knowledge, information services, new digital products and modern technologies, while others may not have similar restrictions on access to them. The study found that the market for information services is specific in terms of protection of intellectual property rights. Aspects that would contribute to strengthening the protection of intellectual property rights to information services and products, information security are provided. Negative transactional externalities occur in the market of information services precisely when there is a decrease in information security due to violation of intellectual property rights by one person in relation to another, causing the last damage. To reduce the burden of transaction costs on market participants in information services, the directions of reducing transaction costs at the national level are substantiated. In all countries of the world, the COVID-19 pandemic has exacerbated the issue of information inequality. The study presents the principles for overcoming digital inequality.


First Monday ◽  
2004 ◽  
Author(s):  
Marcus Brandão

Firms, or more generally, organizations, develop and become larger along time, using more and more computers to work. This growth in the number of computers leads to a growth of software use (operating systems and their applications, for example) and, as a result, to the growth in the number of software use/access licenses to be purchased and managed. For the owners of software intellectual property rights, this process leads to a greater supervision of users to regulate lawful access to software. The situation occurs when all of the software used by an organization is proprietary. This results in some costs — transaction costs — that are not usually taken into account by administrators and managers. What happens if FLOSS is used? We will show that this choice leads to a reduction in transaction costs in terms of computation costs and in terms of the number of managed contracts, which can be numerically reduced by half.


Author(s):  
Marc V. Wegberg

The consortia movement in the standardization world has led to a fragmentation of standardization processes. This fragmentation is partly of a competitive nature, where rival coalitions support competing technologies. A critique on this movement is that it fragments technologies and multiplies the number of standards. The aim of supporting competing technologies may reflect experimentation with different technological paths. It may also, however, reflect differences in intellectual property rights of firms. From a user’s perspective, the competing technologies may represent spurious differences that increase uncertainty, and create transaction costs. The consortia do have a function for end users: Established industry-wide standard development organizations (SDOs) may be slow to act, bureaucratic, and inflexible to changes in users’ needs and new opportunities; consortia speed up the process of standardization. This chapter argues that consortia do indeed tend to correct these coordination failures of the official SDOs. They do so at a cost, however, and because of this, industry-wide SDOs still have a role to play.


2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Inggrit Fernandes

Batik artwork is one of the treasures of the nation's cultural heritage. Batik artwork is currently experiencing rapid growth. The amount of interest and market demand for this art resulted batik artwork became one of the commodities in the country and abroad. Thus, if the batik artwork is not protected then the future can be assured of a new conflict arises in the realm of intellectual property law. Act No. 28 of 2014 on Copyright has accommodated artwork batik as one of the creations that are protected by law. So that this work of art than as a cultural heritage also have economic value for its creator. Then how the legal protection of the batik artwork yaang not registered? Does this also can be protected? While in the registration of intellectual property rights is a necessity so that it has the force of law to the work produced


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