Search

Working Paper No. 168. Clearings and Thickets

PublicationWorking paper
Äganderätt, Företagandets villkor, Institutionell ekonomi, Robert Cooter
Working Paper No. 168.
Download

Abstract

Intellectual property law, which includes patents and copyright law, establishes the ownership of innovations by people. It conveys a bundle of rights to creators as determined by rules. Applied to intellectual property law, the normative question of growth economics is, “Which ownership rules maximize innovation?” In order to increase the pace of innovation, ownership rules should increase venture profits. So the question of this essay is, “Which ownership rules maximize venture profits?”.

Cooter, Robert (2011). ”Clearings and Thickets”. Ratio Working Paper No. 168.


Similar content

Municipally Owned Enterprises as Danger Zones for Corruption? How Politicians Having Feet in Two Camps May Undermine Conditions for Accountability
Article (with peer review)Publication
Bergh, A., Erlingsson, G., Gustafsson, A. & Wittberg, E.
Publication year

2019

Published in
Abstract

The market-inspired reforms of New Public Management have been particularly pronounced in Swedish local government. Notably, municipally owned enterprises (MOEs) have rapidly grown in numbers. Principal-agent theory gives rise to the hypothesis that the massive introduction of MOEs has impacted negatively on the conditions for accountability in Swedish local government. To study this, social network analysis was employed in mapping networks for 223 MOEs in 11 strategically chosen municipalities, covering a total of 732 politicians. The analysis reveals substantial overlaps between principals (representatives of the ultimate stakeholders, citizens) and agents (the boards of the MOEs). Hence, corporatization of public services seems to imply worrisome entanglements between the politicians who are set to steer, govern, and oversee MOEs on the one hand, and the board members of MOEs on the other. The increasing numbers of MOEs may therefore have adverse effects on accountability in important and growing parts of Swedish local government.

Migration and Occupational Careers: The Static and Dynamic Urban Wage Premium by Education and City Size
Article (with peer review)Publication
Korpi, M. & Clark, W.A.V.
Publication year

2019

Abstract

Using matched employer-employee full population data on regional migrants in Sweden, this paper addresses the question whether the urban wage premium, and ‘thick’ labour market matching effects, are to be found across all educational groups, and whether the population threshold for these types of effects varies by educational category. Estimating initial wages, average wage level and wage growth 2001-2009, we find similar wage premiums for all workers in the three largest metropolitan areas, but that there are distinct population thresholds for these type of effects, regardless of educational background. However, job search behaviour as explaining dynamic effects over time seems to pertain mostly to those with higher education.
Related content: Working Paper No. 256

Aktiebolagsrätt i domstol : En rättsfallsstudie.
Article (with peer review)Publication
Almlöf, H.
Publication year

2018

Abstract

I artikeln presenteras en rättsfallskartläggning över bolagsrättsliga domar vid Högsta domstolen eller hovrätterna i under 2013-2017. Studien visar bland annat att oaktat var du bor i Sverige är det lika stor sannolikhet för en aktiebolagsrättslig tvist, att talan i drygt hälften av målen riktas mot styrelseledamöter och att så mycket som en tredjedel av rättsfallen handlar om bolagsledningens personliga betalningsansvar. Studien ger också anledning att diskutera förekomsten och nyttan av empiriskt material inom rättsvetenskapen.

Show more