An elite consensus appears to have formed around the strengthening of IPR regimes. At the same time, many people, particularly in developing countries, are questioning the idea of paying for what they intuitively sense might possibly be free. In view of the potential for global dissensus on this issue, businesses that produce and distribute explicit knowledge, or digital sequences, would be quite prudent to start making contingency plans for a new form of global capitalism: one characterised by much weaker IPR regimes. Competitive business strategies based upon rival-complementarity (i.e. physical goods and human services that complement digital products) indicate the feasibility of a global economy-of-things, resting upon a freely accessible ecology of knowledge. This might be built in the future, in much the same way that an industrial economy was built, historically, upon a natural ecology of available land and biosystems. Such an arrangement conforms to several rather fundamental political intuitions.
Small Business Economics – Springer Journals
Published: Oct 3, 2004
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