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" With suitable legal measures, information may become an appropriable commodity. Then the monopoly power can indeed be exerted. However, no amount of legal protection can make a thoroughly appropriable commodity of something so intangible as information. "
Geschäftsmodelle in der digitalen Ökonomie: Merkmale, Strategien und ... - Seite 277
von Patrick Stähler - 2002 - 335 Seiten
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Consumer Safety Regulation: Putting a Price on Life and Limb

Peter Asch - 1988 - 183 Seiten
...and if it has, how to determine which customers have "leaked."32 As Arrow (1962, p. 615) has put it, "no amount of legal protection can make a thoroughly...commodity of something so intangible as information." Suppose, to pursue our example of cigarette safety, 10 million smokers each place a value of $2 on...
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Individuals, Institutions, and Markets

C. Mantzavinos, Chrysostomos Mantzavinos - 2004 - 336 Seiten
...of Arrow. In his "information-as-commodity" view, the peculiarity of scientific information is that "[t]he very use of the information in any productive way is bound to reveal it, at least in part" (1962/1971, p. 148). In other words, the transmission of information from science to a business...
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Cycles, Growth and Structural Change: Theories and Empirical Evidence

Lionello F. Punzo - 2001 - 415 Seiten
...property rights to the owners of technology. But, as Arrow has remarked in his classic paper (1962), 'no amount of legal protection can make a thoroughly...commodity of something so intangible as information', because 'the very use of the information in any productive way is bound to reveal it, at least in part'.15...
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Science Bought and Sold: Essays in the Economics of Science

Philip Mirowski, Esther-Mirjam Sent - 2002 - 590 Seiten
...information may become an appropriable commodity. Then the monopoly power can indeed be exerted. However, no amount of legal protection can make a thoroughly...productive way is bound to reveal it, at least in part. Mobility of personnel among firms provides a way of spreading information. Legally imposed property...
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Regulating Bioprospecting: Institutions for Drug Research, Access, and ...

Padmashree Gehl Sampath - 2005 - 289 Seiten
...can derive complete benefit of the product upon the expiry of the monopoly. 8. According to Arrow: "no amount of legal protection can make a thoroughly appropriable commodity of something so tangible as information. The very use of the information in any way is bound to reveal it, at least...
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Economic Explanation: Selected Papers of Steven N.S. Cheung

Steven N. S. Cheung - 2005 - 828 Seiten
...characteristics of inventions which impede capturability. One is that "the very use of the [invented knowledge] in any productive way is bound to reveal it, at least in part ..." and that "its value for the purchaser is not known until he has the [knowledge], but then...
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Entrepreneurship, Geography, and American Economic Growth

Zoltan J. Acs, Catherine Armington - 2006 - 10 Seiten
...information may become an appropriable commodity. Then the monopoly power can indeedbe exerted. However, no amount of legal protection can make a thoroughly...productive way is bound to reveal it, at least in part. This partial nonexcludability of knowledge suggests that industrial R&D may generate technological...
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Innovation Partnerships Between Small and Large Firms: Possibilities and Threats

Walter M. Jenny - 2007 - 170 Seiten
...source of innovation failure in market economies has a long tradition. Arrow (1962, p. 615) wrote: 'No amount of legal protection can make a thoroughly...commodity of something so intangible as information'. Rumelt (1984) confirms that a firm's complex and tacit knowledge base significantly contributes to...
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