Working Paper #2006-029
Information and intellectual property: The global challenges
The paper analyses the contribution of 'golden papers' - seminal works
whose ideas remain as fresh and relevant today as when they were first
published decades ago - and which continue to dominate academic
discourse among successive generations of scholars. The authors analyse
why two works written within an industrial development context: The
simple economics of basic scientific research, by Richard Nelson (1959)
and Kenneth Arrows Economic Welfare and the Allocation of Resources for
Invention (1962), are so relevant in today’s knowledge-driven economic
paradigm. Focusing on the papers’ application to current global policy
debates on information/knowledge and intellectual property, they argue
that while the context has changed the essential nature of innovation -
driven by widespread access to the ability to replicate and improve -
remains the same. Hence a focus on endogenous innovation policy is as
relevant today as it was 50 years ago.
- Keywords
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- knowledge economy
- science
- technology and innovation
- intellectual property rights
- institutional change ISSN 1871-9872
Cite this as
APA 7th ed.Ghosh, R. A., & Soete, L. (2006). Information and intellectual property: The global challenges (UNU-MERIT Working Paper No. 2006-029). UNU-MERIT. https://unu-merit.nl/publications/working-papers/abstract/?id=2705