Call No. KD1289 .L58 2013
Author Liu, Jiabo.
Title Copyright industries and the impact of creative destruction : copyright expansion and the publishing industry / Jiabo Liu.
Location Volume/Copy Barcode Status
 4th Floor  KD1289 .L58 2013    35005013492683  
 List of tablesx
 List of figuresxi
1.1.Legal and policy issues1
1.2.Main subject of the book3
1.3.Definitions of terms4
1.4.Contributions of the book5
2.The pros and cons of copyright duration10
2.1.Historical development of UK copyright expansion10
2.1.1.Copyright expansion before the 1814 Act11
2.1.2.Copyright expansion under the 1814 and 1842 Acts17
2.1.3.Copyright expansion under the 1911 Act20
2.1.4.Copyright expansion under the 1988 Act24
2.2.Legal arguments for copyright expansion25
2.2.1.Regulatory argument for copyright expansion25
2.2.2.Harmonisation argument for copyright expansion31
2.3.Economic justifications for copyright expansion33
2.3.1.The neoclassical model34
2.3.2.The Schumpeterian model42
2.4.Concluding remarks53
3.Copyright in the digital age66
3.1.Overview of digital copyright66
3.1.1.Industry structure in general67
3.1.2.Industry structure of information67
3.1.3.Schumpeterian industry structure of digital copyright70
3.2.Anti-commons and antitrust behind copyright expansion75
3.2.1.Anti-commons and Lessig's balanced approach75
3.2.2.Antitrust policy under Schumpeterian competition79
3.2.3.Copyright expansion and antitrust policy83
3.2.4.Industrial growth under copyright-antitrust interaction88
3.3.Debates over copyright expansion in the digital age98
3.3.1.Debate over copyright expansion in the United States99
3.3.2.Debate over copyright expansion in Europe103
3.4.Concluding remarks107
4.Theoretical framework118
4.1.Law and economic development118
4.2.Copyright expansion and the Schumpeterian firm122
4.3.Copyright expansion and Schumpeterian growth124
4.3.1.A Schumpeterian model of copyright-growth relation124
4.3.2.Creative destruction of copyright-growth relation127
5.Empirical research on UK book publishing135
5.1.Overview of the industry135
5.1.1.Technological innovation135
5.1.2.Dynamic competition136
5.1.3.Concentrating industry structure137
5.2.Methodological issues139
5.2.1.Operational model139
5.2.2.Data collection and sample140
5.2.3.Measurement of variables142
5.2.4.Econometric model146
5.2.5.Model specification and construction151
5.3.Assessment findings and analysis196
5.3.1.Empirical assessment and findings at firm level197
5.3.2.Empirical assessment and findings at industry level203
5.3.3.Inference and analysis of empirical findings206
5.3.4.Limitations of empirical assessment207
5.4.Concluding remarks209
6.Policy implications of empirical research216
6.1.Implications of copyright's cultural policy216
6.1.1.Policy implications from the nature of information217
6.1.2.Policy implications from the nature of copyright industries218
6.2.Implications of copyright's entrepreneurship policy219
6.2.1.Policy implications for adapting opportunities220
6.2.2.Policy implications for resource enhancing222
6.3.Concluding remarks224
Appendix A Formulas232
Formula 1 Instability index232
Formula 2 Dynamism score232
Formula 3 Structure of intervention model of time series233
Formula 4 A revised distributed lag model235
Formula 5 Autocorrelation and partial autocorrelation functions (ACFs & PACFs)236
Formula 6 Formalisation of stochastic processes236
Formula 7 Constant, fixed, and random coefficients models239
Formula 8 FGLS estimates under ARIMA models244
Appendix B Tables251
Table 1 Pooled time series matrix for 15 book publishing firms' annual profits (1976-2006)251
Table 2 List of UK book publishing firms in Keynote's Business Ratio Reports (1976-2006)262
Published Abingdon, Oxon ; N.Y. : Routledge, 2013.
Description xviii, 286 p. : ills. ; 24 cm.
Series Routledge research in intellectual property
Routledge-Cavendish research in intellectual property.
Contents The pros and cons and copyright duration -- Copyright in the digital age -- Theoretical framework -- Empirical research on UK book publishing -- Policy implications of empirical research.
Bibliography Includes bibliographical references (p. [269]-283) and index.
Summary "This book examines the relationship between the legal extension of copyright duration as an enduring means of copyright protection and the growth of the UK book publishing industry as a typical creative industry reliant on copyright. The book draws on Schumpeter's theory of creative destruction to analyse the implications of copyright law and policy on the book industry and illustrate the dynamic interaction between copyright expansion and the growth of the creative industries. The book reviews the historical development of UK copyright expansion and also considers copyright in the digital age. It explores the legal and economic concerns about copyright protection in general, and the expansion of copyright duration in particular. Using an innovative empirical method, it explores whether the expansion of the duration of copyright promotes or precludes the growth of book publishing industry. It goes on to suggest changes to copyright policy which would have an impact on the economics of innovation in the creative industries"--Provided by publisher.
Subject Copyright -- Duration -- Economic aspects -- Great Britain.
Book industries and trade -- Law and legislation -- Great Britain.
ISBN 9780415523882 (hardback)
0415523885 (hardback)
9780203076583 (e-book)
0203076583 (e-book)
OCLC No. or Control No. 792875086