Copyright and Open Access for Academic Works
Max Planck Institute for Innovation and Competition
University of Canterbury - Economics and Finance; The Society for Economic Research on Copyright Issues (SERCI)
June 30, 2010
Review of Economic Research on Copyright Issues, Vol. 7, No. 1, pp. 45-65, 2010
Max Planck Institute for Intellectual Property, Competition & Tax Law Research Paper No. 10-09
In a recent paper, Prof. Steven Shavell (see Shavell, 2009) has argued strongly in favor of eliminating copyright from academic works. Based upon solid economic arguments, Shavell analyses the pros and cons of removal of copyright and in its place to have a pure open access system, in which authors (or more likely their employers) would provide the funds that keep journals in business. In this paper we explore some of the arguments in Shavell’s paper, above all the way in which the distribution of the sources of journal revenue would be altered, and the feasible effects upon the quality of journal content. We propose a slight modification to a pure open access system which may provide for the best of both the copyright and open access worlds.
Number of Pages in PDF File: 21
Keywords: Open Access, Academic Works, Effects of Removal of Copyrights
JEL Classification: K19, I23
Date posted: November 15, 2010
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