Lefic Working Paper 2002-01 Is Appropriability a “problem” for Innovations in Digital Information Goods?
نویسندگان
چکیده
"With intellectual property, the upfront costs are what it's all about, " (Microsoft Chairman Bill Gates) explained to the business titans assembled at the Redmond, Wash., campus (last May). " Say a piece of software costs $10 million to create and the marginal costs, because it's going to be distributed electronically, are basically zero. " Once the costs of development have been recouped, " every single additional unit is pure profit. " But if someone comes along with a significantly superior product, " your demand can literally almost drop to zero. "
منابع مشابه
Social Appropriability of Scientific and Technological Knowledge
The study of social appropriability of scientific and technological knowledge is important in understanding technological innovation. Current definitions of «appropriability» –based on a notion of scientific and technological knowledge as intangible goods– focus on the capacity of an economic agent to appropriate the benefits generated in the process of application of this knowledge. Several so...
متن کاملEstimating the Number of Wideband Radio Sources
In this paper, a new approach for estimating the number of wideband sources is proposed which is based on RSS or ISM algorithms. Numerical results show that the MDL-based and EIT-based proposed algorithm havea much better detection performance than that in EGM and AIC cases for small differences between the incident angles of sources. In addition, for similar conditions, RSS algorithm offers hi...
متن کاملInnovation Incentives for Information Goods
Innovations can often be targeted to be more valuable for some consumers than others. This is especially true for digital information goods. We show that the traditional price system not only results in significant deadweight loss, but also provides incorrect incentives to the creators of these innovations. In contrast, we propose and analyze a profit-maximizing mechanism for bundles of digital...
متن کاملAdoption and Diffusion of Digital Information Goods: An Empirical Analysis of the German Paid Content Market
The rapid growth of the Internet and electronic commerce stimulates new digital innovations. Electronic markets can influence both adoption and diffusion processes of digital innovations in significant ways. The difficulties for market transactions of information goods and the change from free to paid content on websites in the last years has led to research questions about how individuals deci...
متن کاملMOCA ARM: Analog Reliability Measurement based on Monte Carlo Analysis
Due to the expected increase of defects in circuits based on deep submicron technologies, reliability has become an important design criterion. Although different approaches have been developed to estimate reliability in digital circuits and some measuring concepts have been separately presented to reveal the quality of analog circuit reliability in the literature, there is a gap to estimate re...
متن کامل