Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/185988 
Year of Publication: 
2011
Citation: 
[Journal:] Swiss Journal of Economics and Statistics [ISSN:] 2235-6282 [Volume:] 147 [Issue:] 4 [Publisher:] Springer [Place:] Heidelberg [Year:] 2011 [Pages:] 417-425
Publisher: 
Springer, Heidelberg
Abstract: 
Policymakers tend to adopt too narrow a view of the creative industries when determining the desirability of copyright protection. In these industries, authors will often create new works despite weak protection. As recent developments in the music industry illustrate, markets for complements alone can be sufficiently lucrative to entice artists to remain active even when copyright is seriously weakened. However, the value of complements is difficult to forecast. As a result, lawmakers will often set inappropriate copyright terms. In this note, I call for an approach to copyright legislation that makes it feasible to correct these unavoidable mistakes.
Subjects: 
Copyright
Creative Industries
Regulation
JEL: 
L51
O34
O38
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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