Artistic Creation and Intellectual Property

Francisco Alcalá and Miguel González-Maestre

No 606, Working Papers from International Economics Institute, University of Valencia

Abstract: We analyze artistic markets considering three key distinctive features that have been overlooked by the standard analysis on intellectual property. These features are the dynamic link between the current number of young artists and future high-quality artistic creation, Rosen’s superstars phenomenon, and the role played by promotion costs. Introducing them into an overlapping-generations model brings about a new perspective on the consequences for artistic creation of changes in the copyright term, progress in communication technologies favoring market concentration by stars, and the enlargement of markets. The conventional result that longer copyrights always stimulate artistic creation only holds as a particular case.

Keywords: superstars; copyrights; innate abilities; allocation of talent (search for similar items in EconPapers)
JEL-codes: J44 J62 L82 O34 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2006-12
New Economics Papers: this item is included in nep-cul, nep-ino, nep-ipr and nep-pr~
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Related works:
Working Paper: Artistic Creation and Intellectual Property (2009)
Working Paper: Artistic creation and intellectual property (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:iei:wpaper:0606

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