A New Market for Unprotected Ideas: Analyzing the Economic Efficiency of Trading Ownerless Ideas

Maria Alexandra Echavarria-Arcila; Julio C. Correa; Ana Maria Perez-Gomez

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A New Market for Unprotected Ideas: Analyzing the Economic Efficiency of Trading Ownerless Ideas

机译：一个无保护的想法的新市场：分析交易无与伦比的经济效率

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Certain ideas are not legally protected but are commercially exchanged. These ideas, as ownerless creations, can be freely used by anybody. Nevertheless, when the innovation and creation processes are developed collaboratively, the ideas are externalized and flow continuously, enabling their commercialization. Even if these ideas are not protected by the intellectual property system, they are, in fact, traded on a contract basis. In this context, the market for unprotected ideas emerges. Due to the lack of legal protection of these ideas, the disclosure needed for the exchange implies an appropriation risk and high transaction costs. These non-optimal conditions prevent commercial transactions and lead to an economic inefficiency in the market. This paper follows the methodology of economic analysis of law in order to describe and study the emerging market. Also, the effects of trading this type of legally unprotected assets are analyzed. A sui generis legal right for commercial ideas is then proposed as a possible solution to the legal and economic challenges within this specific marketplace. The interdisciplinary methodology used and the results presented can form the basis for further studies. They could also lay the groundwork for legislative initiatives and public policies in the intellectual property field.

机译：某些想法没有法律保护，但商业交换。这些想法是任何人都可以自由地使用任何人。尽管如此，当创新和创造过程正在合作开发时，思想都是不断的，不断流动，从而实现他们的商业化。即使这些想法不受知识产权制度保护，其实，它们实际上是在合同基础上进行的。在这方面，市场出现了无保护的想法。由于这些想法缺乏法律保护，交易所所需的披露意味着拨款风险和高交易成本。这些非最佳条件防止商业交易并导致市场的经济低效率。本文遵循了法律经济分析方法，以描述和研究新兴市场。此外，分析了交易此类合法不受保护资产的影响。然后提出了一个隋一般性的商业理念法律权利，作为这一特定市场中的法律和经济挑战的可能解决方案。所使用的跨学科方法和所提出的结果可以形成进一步研究的基础。他们还可以为知识产权领域的立法倡议和公共政策奠定基础。

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《International review of intellectual property and competition law》 |2020年第8期|906-939|共34页
作者
Maria Alexandra Echavarria-Arcila; Julio C. Correa; Ana Maria Perez-Gomez;
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作者单位

Law Faculty Universidad Pontificia Bolivariana Medellin Colombia;

Mechanical Engineering Faculty Universidad Pontificia Bolivariana Medellin Colombia;

culty of Law University of Nantes Nantes France;

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原文格式 PDF
正文语种 eng
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关键词
Market for ideas; Intellectual property; Information asymmetries; Transaction costs; Legal economics; Innovation management;

机译：思想市场;知识产权;信息不对称;交易成本;法律经济学;创新管理;

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A New Market for Unprotected Ideas: Analyzing the Economic Efficiency of Trading Ownerless Ideas

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