1996
DOI: 10.2307/3480996
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Contracting into Liability Rules: Intellectual Property Rights and Collective Rights Organizations

Abstract: As intellectual property rights have gained in prominence, businesspeople and scholars alike have complained of the increasing burden of obtaining intellectual property licenses and, failing this

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Cited by 222 publications
(85 citation statements)
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“…While this short-termist behavior is only transitory here -the cooperative reverts to the superior technology once it gets going 16 -, it would arise repeatedly if the cooperative were to grow slowly over time, say because of a positive trend in the number of potential users. 15 For any I and θ satisfying (4), there always exist J and γ such that 2δ (θ − γ) > I −J > δ (θ − γ); therefore, the inferior technology may indeed be adopted even when the superior one would be both efficient and viable.…”
Section: Robustness and Extensionsmentioning
confidence: 99%
See 1 more Smart Citation
“…While this short-termist behavior is only transitory here -the cooperative reverts to the superior technology once it gets going 16 -, it would arise repeatedly if the cooperative were to grow slowly over time, say because of a positive trend in the number of potential users. 15 For any I and θ satisfying (4), there always exist J and γ such that 2δ (θ − γ) > I −J > δ (θ − γ); therefore, the inferior technology may indeed be adopted even when the superior one would be both efficient and viable.…”
Section: Robustness and Extensionsmentioning
confidence: 99%
“…15 For any I and θ satisfying (4), there always exist J and γ such that 2δ (θ − γ) > I −J > δ (θ − γ); therefore, the inferior technology may indeed be adopted even when the superior one would be both efficient and viable. 16 Letting v ∈ {γ, θ} denote the surplus generated by the technology adopted in the previous period, if the date-t generation anticipates that the next one will adopt the superior technology, it gets v − I/2 + δ (θ − I/2) if it, too, invests in the superior technology and θ − J/2 + δ max {γ − I/2, 0} if it invests instead in the inferior technology; thus, even if γ > I/2 (which is the case whenÛ…”
Section: Robustness and Extensionsmentioning
confidence: 99%
“…Thus, Merton (1973) documented the existence of a "communitarian" norm in such communities, mandating the open sharing of the "intellectual property" of scientific research results and research methods used to obtain them. Others have explored the detailed workings of this norm and how it is limited in some circumstances by implicit or explicit assertion of property rights by scientists and their employers (e.g., Dasgupta and David 1984, Rai 1999, Merges 1996a Ellickson and some others argue that norms can sometimes be used in place of law. But Rai (1999) argues that this portrait has been overdrawn by early research on the topic.…”
Section: Norms-based Intellectual Property Systemsmentioning
confidence: 99%
“…In an influential article in the 1996 California Law Review, Robert Merges spelled out how GC's analysis of common pool resource institutions could apply as well to an array of private organizations that have emerged for the management of intellectual property rights (Merges 1996a). According to Merges, IP rights-holders are often in situations in which it is advantageous to use one another's productions, and when they are in such situations, they have often been able to generate institutional structures and collective norms among themselves for valuing, monitoring, and enforcing entitlements, without the need for governmental intervention.…”
Section: The Impact Of Governing the Commons On The American Legal Acmentioning
confidence: 99%