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This article questions the assumption that property and markets are the sole drivers of growth and innovation, pointing out the importance of non-proprietary systems in education, non-profits, social relationships, and other areas. It highlights the negative impact of expanding intellectual property rights and explores how information technology has made non-proprietary models of production and distribution more appealing.
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IP 6 Summary
Proprietary Systems Dominance • This is overstated since we have many systems and activities that are non-proprietary including education, non-profits, social relationships, and other areas where non-proprietary production is important • Assumption that property and markets are the roots of all growth and innovation is open to question
Expansion of IP rights • These act as a tax on nonproprietary means of production. • For example software patents • Access to scholarly information • Key question is who benefits?
Effect of Information Technology • IT makes nonproprietary models of production and distribution more attractive • Reduced barriers to entry • Reduced production costs • Reduced distribution costs
Peer Production • Rise of peer production and peer distribution • Blogs • P2P • Open source software • Challenge to the traditional thinking about the economics of information production