Inaugural Lecture: Shackling the Digital Economy Means Less for Everyone

Abstract:

"Sharing is an essential part of the digital economy, while Intellectual Property Right (IPR) protection forms an essential part of corporate strategies and policy. Professor Andersen discusses this paradox in her lecture on the relationship between intellectual property and wealth creation in the digital economy. Focus is on the use of intellectual property in the commercialization of knowledge assets embedded in ideas, creative expressions and public research. While debating the role of institutional failures in the intellectual property market places she also questions the effectiveness of IPR policies and corporate strategies in the digital economy. The lecture is at the interface between evolutionary and institutional approaches in economics, and strategic management. Her research on the changing music industry, the pervasive information and communication industry (software and hardware), and the commercial university sector provide evidence to support the conclusions."