So, let’s say that some people are “creative”. And creative people enjoy generating IP. They do it for fun and financial reward is essentially irrelevant, beyond the extent to which it allows them to create the IP. Their creativity can be developed to improve the quality of the output, etc. Practice, education, crosspollination of ideas among creatives. <\/p>\n
But no story can be appreciated for its brilliance without being read. No schematic will compute pi to some absurd number of decimal places. Music can only go so far without amplification, and so on.<\/p>\n
Large corporations are highly sensitive to financial reward. And they know that IP leads to financial reward. So, they pick and choose creatives, elevate them to the minimum state necessary to retain them, then harvest their ideas, their artworks, and their inventions. They prepare them for easy digestion and ready use by the public.<\/p>\n
The creatives not so cultivated still produce things, but they rarely go widespread or highly profitable. Not because corporations never pick badly, but because the good ones left behind rarely have the resources to actualize their ideas. <\/p>\n
In an ideal economy, corporations would bid for the creatives bringing them up to their true worth in compensation. And when one creative got too expensive (superstars), they’d go to a slightly less expensive one. But frequently, creatives simply don’t care about fiscal rewards. <\/p>\n
The important note here is that there are many ideas which don’t get developed, some of which may well be profitable, but due to a[n artificial] shortage of bullhorns to put in front of creatives, many valuable ideas never go anywhere, so that the big movers and shakers can capture the market for themselves. And if there is an up and coming star, the corporations would seek to acquire it, and incorporate its ip stock into their own, using it if that would be most profitable, and gradually sabotaging it, preventing it from competing if not. <\/p>\n
It’s a plausible story, but plausible stories are easy to come by.<\/p>\n
Just a thought that occurred to me the other day, dunno why.<\/p>\n","protected":false},"excerpt":{"rendered":"
So, let’s say that some people are “creative”. And creative people enjoy generating IP. They do it for fun and financial reward is essentially irrelevant, beyond the extent to which it allows them to create the IP. Their creativity can be developed to improve the quality of the output, etc. Practice, education, crosspollination of ideas … Continue reading “a simple hypothesis regarding the economics of intellectual property”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1171","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/cheerfulchaotic.crazycrew.org\/index.php?rest_route=\/wp\/v2\/posts\/1171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cheerfulchaotic.crazycrew.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cheerfulchaotic.crazycrew.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cheerfulchaotic.crazycrew.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cheerfulchaotic.crazycrew.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1171"}],"version-history":[{"count":0,"href":"https:\/\/cheerfulchaotic.crazycrew.org\/index.php?rest_route=\/wp\/v2\/posts\/1171\/revisions"}],"wp:attachment":[{"href":"https:\/\/cheerfulchaotic.crazycrew.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cheerfulchaotic.crazycrew.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cheerfulchaotic.crazycrew.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}