Institutional framework of intellectual property development
Abstract
The main goal of the article is to demonstrate alternative view on intellectual property institute and its influence on the innovations creation process. The article deals with the impact of intellectual property rights institution on motivation for research and development, as well as for creative activity and arts. The comparison and contraposition are established between fixing property rights on tangible resources and intangible or intellectual resources. The arguments are made on the point of no necessity in creating long term intellectual monopoly. The pros and cons of intellectual monopoly influence on scientific and economic progress were analysed. The reasons shown in the article open opportunities for the changes in economic policy aiming for institutional framework creation that provides free access to intellectual results for every citizen. It would help to stimulate intellectual activity of our own and to benefit from global technology and knowledge flow.
References
- Hernando de Soto. The Mystery of Capital. Why Capitalism Triumphs in the West and Fails Everywhere Else. New York, 2000. Rus. ed.: Эрнандо де Сото. Загадка капитала. Почему капитализм торжествует на Западе и терпит поражение во всем остальном мире. М., 2004.
- North D. [Functioning of the economy over time. Nobel Lecture (9 December 1993)]. Otechestvennye zapiski. 2004. No. 6 (in Russ.).
- Soshnikov I. V. Institutional structure of ownership titles. Rossiiskoe predprinimatel’stvo. 2007. Vol. 11, No. 2. P. 8–13. URL: http://bgscience.ru/lib/2547/ (date of access: 01.04.2017) (in Russ.).
- [Google and Facebook opposed the patenting abstractions. 12.10.12]. Lenta.ru. 2012. URL: https://lenta.ru/news/2012/12/10/ abstract/ (date of access: 30.03.2017) (in Russ.).
- Boldrin M., Levine D. Against Intellectual Monopoly. URL: http://levine.sscnet.ucla.edu/general/intellectual/against.htm (date of access: 30.03.2017).
- [Google Inc. for the first time in the history of the United States became the most expensive company. 05.12.16] Lenta.ru. 2016. URL: https://lenta.ru/news/2016/05/12/google/ (date of access: 20.03.2017).
- The cost of the holding «Alphabet Inc.». Yahoo! Finance. NasdaqGS Real Time Price. URL: http://finance.yahoo.com/quote/ GOOG?ltr=1 (date of access: 07.04.2017).
The authors who are published in this journal agree to the following:
- The authors retain copyright on the work and provide the journal with the right of first publication of the work on condition of license Creative Commons Attribution-NonCommercial. 4.0 International (CC BY-NC 4.0).
- The authors retain the right to enter into certain contractual agreements relating to the non-exclusive distribution of the published version of the work (e.g. post it on the institutional repository, publication in the book), with the reference to its original publication in this journal.
- The authors have the right to post their work on the Internet (e.g. on the institutional store or personal website) prior to and during the review process, conducted by the journal, as this may lead to a productive discussion and a large number of references to this work. (See The Effect of Open Access.)