Network effects
Telephone pole by Nicholas Smale Network effects are ubiquitous in the digital economy. They refer to the idea that, for many reasons, users prefer to be connected to a bigger network than to a smaller...
View ArticleDo you believe in sharing or in owning? Do you rely on commons or on private...
A recent article in the Financial Times (Tim Harford, ‘Do you believe in sharing?’, F.T., August 31/Sept. 1 2013) reminds us of an eternal debate: shall we believe in the ability of humans to...
View ArticleIs R&D cooperation a steppingstone to collusion?
In 2010, the European Commission has revised its rules for the assessment of co-operation agreements between competitors. Some of these so-called “horizontal agreements” have the potential to reduce...
View ArticleNo need to ask for authorization before hyperlinking, but…what did the EU...
In a previous post (see here), I had asked to anticipate the response of the Court of Justice of the EU to several questions raised in the Svensson case (C-466/12). The core question was whether...
View ArticleCrowdfunding: giving rewards or sharing profits?
As already explained on this blog, crowdfunding has recently emerged as a novel way of financing new ventures. The basic idea behind crowdfunding is simple: instead of raising funds from a small group...
View ArticleA primer on cumulative innovations
(This post aims at digging the concept of cumulative innovation. It is based on Section 19.3 of Belleflamme and Peitz, 2010). Innovations are rarely produced in complete isolation. In many complex...
View ArticlePatent races: pros and cons
We have already developed on this blog the relationship between competition and innovation (see here and here). This relationship goes both ways. On the one hand, competition affects innovation insofar...
View ArticleLes bases de brevets comme ressource stratégique : vers un système à deux...
L’obligation de publier chaque demande de brevet dans un délai de 18 mois est un pilier fondamental du système des brevets. Contrairement aux marques ou au droit d’auteur, ceux-ci protègent en effet...
View ArticleLa carte et le territoire: une copie n’est jamais l’original
L’ancien président de la Réserve fédérale américaine, Alain Greenspan, vient de publier chez Penguin: The Map and the Territory, en français: La carte et le territoire. Tiens, voilà qui rappelle Michel...
View ArticleQuels droits de propriété sur les ressources numériques ?
(c) : radiantskies Dans son célèbre article sur la Tragédie des Communs, G. Hardin[1] mettait en évidence que les biens communs nécessitent une gouvernance spécifique, le simple marché ne suffisant pas...
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