Creativity, Incentive and Reward: An Economic Analysis of Copyright and Culture in the Information Age

by Ruth Towse

Overview

Creativity is crucial to the Information Age economy. It is the basis of production in the cultural industries. In this excellent book, Ruth Towse provides an analysis of the interaction between creativity, the law, and markets for cultural goods and services.

Copyright law establishes property rights that create economic incentives to cultural production and Ruth Towse uses her analysis to draw conclusions about policy on copyright. This unique study is of interest to a range of disciplines in economics, law, cultural studies and management.

Product Details

ISBN-13:	9781840642544
Publisher:	Edward Elgar Publishing
Publication date:	12/26/2001
Pages:	208
Product dimensions:	6.40(w) x 9.30(h) x 0.80(d)

About the Author

Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK

Table of Contents

Contents: Preface Part I: Cultural Economics, Copyright and Cultural Industries 1. Creativity, Incentives and Rewards: Cultural Economics and Copyright Law 2. The Cultural Industries, Copyright and Cultural Economics Part II: Rewards to Artists 3. Economics of Artists’ Labour Markets 4. The Earnings of Singers: An Economic Analysis Part III: Copyright Incentives and Rewards 5. The Value of Performers’ Rights: An Economic Analysis (written with Millie Taylor) 6. Copyright and Economic Incentives: An Application to Performers’ Rights in the Music Industry Part IV: Copyright and Cultural Policy for the Information Age 7. Copyright, Risk and the Artist: An Economic Approach to Policy for Artists 8. Incentives and Access to Information: Economic Aspects of Limitations and Exceptions to Copyright in the Digital World 9. Conclusions and Implications for Cultural Policy Epilogue References Index

Editorial Reviews

'This is an important work on compensation of the artist and the incentives for artistic activity. The explosive evolution of the technology of communications raises particularly pressing issues in this arena and poses new threats to remuneration of the artist. The discussion of copyright in this book provides vital information for analysis of this issue. The book is informative, intelligent and well written - precisely what is needed for understanding of its subject.'

William J. Baumol

'. . . this is a fascinating and enlightening piece of work. At a time when copyright law, business models in the cultural industry and cultural policy are all under pressure and greatly affected by technological change, this is a valuable and challenging work that deserves to be widely read.'

Helen Dakin

'. . . well written, clear and informative. It contains many references that demonstrate the deep knowledge of the field that the author has acquired through her own research and her remarkable work at the head of the Journal of Cultural Economics. She especially provides a very clear review of the literature on the economics of copyright. . . . this review will become a reference that can't be ignored by researchers interested in copyright. . . Towse opens avenues for further research and also stresses those questions that can help professionals better understand cultural regulations.'

Francoise Benhamou

'The different cultural policies of the UK and the Netherlands provide a wonderful backdrop for conclusions for cultural policy.'

The Economic Journal

'Ruth Towse's excellent book, Creativity, Incentive and Reward is a beacon in this confused theoretical and policy mish-mash. The book, which brings together Towse's work in copyright and cultural economics over the last decade, is thoroughly researched, analytically satisfying and beautifully written. . . copyright scholars owe a debt of gratitude to Towse.'

Fiona Macmillan

'This is a most interesting treatise on a very topical subject of economic and legal policy . . . this book offers a wealth of intriguing research ideas and some interesting, if not highly rigorous, analyses of an important area of public policy.'

Mary Kokoski

'Ruth Towse's book provides an easily accessible introduction to this field and contains much useful argument. It also stands as testament to the productive and continuing scholarly career of one of the best known figures in contemporary cultural economics.'

David Throsby