Legal origin and intellectual property rights: an empirical study in the prerecorded music sector

Abstract

Information goods, Piracy, Common law, Civil law, Phonographic industry, Copyright, K11, L82,

Live and prerecorded popular music consumption

“…Three examples are Zentner (2006), Montoro and Cuadrado (2008), and Oberholzer and Strumpf (2007); while the first two works find a negative net effect of file sharing on prerecorded music consumption, the latter concludes that empirical evidence does not support any significant effect of internet downloads on music purchases. Interestingly, and to our best knowledge, the literature has been focused on the demand for prerecorded music disregarding potential cross effects on concert attendance.…”

From pirates to subscribers: 20 years of music consumption research

“…New technological possibilities have an impact on the institutional setup, such as copyright, which raises questions about the effectiveness of its enforcement both from the individual (Bhattacharjee et al., 2006b) and the national levels (Montoro‐Pons & Cuadrado‐García, 2008), as well as its functions and efficiency from a theoretical perspective (Jain, 2008; Khouja & Park, 2007; Liebowitz & Margolis, 2009; Liebowitz & Watt, 2006; Varian, 2005).…”

The nexus between entrepreneurship and property rights: Role of legal origin in entrepreneurship, property rights, and economic growth

“…Thus, excessively strong investor protections may pose a threat to entrepreneurs. [10] Further, fortifying property rights protects vested interests and may hinder the stimulation of entrepreneurial activity. We believe that a situation in which the strengthening of property rights inhibits entrepreneurial activity is one in which what the Schumpeterian school calls "creative destruction" is inhibited.…”

“…[9] In addition, the occupation of available resources by vested interests via private property rights may also limit entrepreneurial activity. [10] Iwasaki and Kim (2020) investigate Russian rms' corporate form and survival and nd that closed joint-stock companies and rms adopting limited liability survive longer than open joint-stock companies, partnerships, and cooperatives. They argue that the probability of rm survival increases due to restriction of property rights through making the rm's shares unlisted.…”