Beyond Economic Analysis of Intellectual Property: The Need For Social and Cultural Theory

The University of Chicago Law School Faculty Blog: Beyond Economic Analysis of Intellectual Property: The Need For Social and Cultural Theory (Madhavi Sunder):

Over the course of the last cen­tury intel­lec­tual prop­erty has grown expo­nen­tially, but its march into all cor­ners of our lives and to the most des­ti­tute cor­ners of the world has para­dox­i­cally exposed the fragility of its eco­nomic foun­da­tions while ampli­fy­ing its social and cul­tural effects. Today intel­lec­tual prop­erty laws bear con­sid­er­ably upon cen­tral fea­tures of human flour­ish­ing, from the devel­op­ing world’s access to food, text­books, and essen­tial med­i­cines, to the abil­ity of cit­i­zens every­where to demo­c­ra­t­i­cally par­tic­i­pate in polit­i­cal and cul­tural discourse.

Despite these real world changes, intel­lec­tual prop­erty schol­ars insist on explain­ing this field through the nar­row lens of a par­tic­u­lar eco­nomic vision.Intellectual prop­erty is under­stood solely as a tool to solve an eco­nomic “pub­lic goods” prob­lem: non­ri­val­rous and nonex­clud­able goods such as music and sci­en­tific knowl­edge will be too easy to copy and share — thus wip­ing out any incen­tive to cre­ate them in the first place — with­out a monop­oly right in the cre­ations for a lim­ited period of time.

In a forth­com­ing book, iP: YouTube, MySpace, Our Culture, under con­tract with Yale University Press, I argue that an intel­lec­tual prop­erty law befit­ting our new par­tic­i­pa­tory cen­tury must lift its gaze beyond the nar­row goal of incen­tiviz­ing the cre­ation of more intel­lec­tual prod­ucts to facil­i­tat­ing crit­i­cal and autonomous par­tic­i­pa­tion in the cul­tural sphere. Modernity is not sim­ply tech­nol­ogy. A mod­ern intel­lec­tual prop­erty law must pro­mote our capac­ity to author our own lives. These are not too lofty con­cerns for intel­lec­tual prop­erty law. Recall that the first copy­right statute in England, the Statute of Anne, sub­ti­tled “An Act for the Encouragement of Learning,” had as its aim noth­ing less than the pro­mo­tion of Enlightenment itself.

An inter­est­ing approach that I’m look­ing for­ward to read­ing about in more depth

Update: Rob Merges has a response to the above that is also quite interesting.

Professor Sunder’s main point is that eco­nomic analy­sis of IP is too nar­row; it fails to cap­ture some impor­tant things about what is hap­pen­ing in the IP land­scape, and why it mat­ters. And what is hap­pen­ing, she says, is that the con­di­tions under which cul­ture is cre­ated are chang­ing — and chang­ing fast.

She is right that eco­nomic analy­sis is inad­e­quate to the very dif­fi­cult task of deter­min­ing exactly how much IP is enough, and in some cases exactly how IP rights ought to be crafted and lim­ited. I have come to see that the opti­mal num­ber of IP rights is not some­thing that eco­nomic analy­sis is really equipped to deter­mine, at least not with the cur­rent set of tools we have avail­able. (That’s why I have been delv­ing into Locke, Kant, and Co. in research­ing my own forth­com­ing book.)

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