The Economics of Intellectual Property and Openness: The Tragedy of Intangible Abundance

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Bartłomiej Biga

The Economics of Intellectual Property and Openness

The Tragedy of Intangible Abundance

Bartłomiej Biga

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English

Routledge
09 January 2023

Microeconomics; Economics of industrial organisation; International economics; Intellectual property law

Series: Routledge Focus on Economics and Finance

This book focuses on the economic aspects of intellectual property (IP). It includes considerations of the wider category of intangible assets. However, the primary focus is devoted to patents which the author argues are the most vivid example of the Tragedy of Intangible Abundance (TIA).

TIA touches upon a key issue in the contemporary economy. On the one hand, there is an enormous supply of IP, yet, on the other hand, such an abundance does not necessarily solve existing issues but rather creates new ones as well. This book elaborates on the reasons for the emergence of TIA and its consequences. The author uses clear metaphors to explain very complex issues. The book provides a valuable and interdisciplinary analysis of the field and offers practical solutions. It is based on the data collected by the author during the qualitative research he conducted among a group of start-ups. It presents guidance on determining which instrument is the most efficient for a particular situation. It also provides arguments for decision-makers and their advisors as to why a more open approach towards intellectual property would be more beneficial under many circumstances in the contemporary economy. While universal issues are addressed, the author distinguishes the European perspective too.

The book is written in a clear and concise style and covers all of the crucial aspects of IP management. It will find an audience among scholars of economics and business.

By: Bartłomiej Biga
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 138mm,
Weight: 230g
ISBN: 9780367565664
ISBN 10: 0367565668
Series: Routledge Focus on Economics and Finance
Pages: 114
Publication Date: 09 January 2023
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Introduction; 1 Tragedies in economics; 2 What caused the Tragedy of Intangible Abundance; 3 Indications of Tragedy of Intangible Abundance; 4 Toward openness – counteracting the Tragedy of Intangible Abundance; Conclusion

Bartłomiej Biga is an Assistant Professor in the Public Economy and Administration Faculty of Cracow University of Economics, Poland.