Governing Markets as Knowledge Commons: Introduction
25 Pages Posted: 26 Mar 2018 Last revised: 1 Mar 2019
Date Written: March 22, 2018
This is a preliminary draft of an introductory chapter to an edited volume titled Governing Markets as Knowledge Commons: The New Entrepreneurial History of Shared Social Infrastructures. We lay down a theoretical framework for the analysis of the production, reproduction, and transformation of intellectual and legal infrastructures that enable market interactions using the Governing Knowledge Commons research program. A distinctive contribution of this volume is conceptualizing these market-supporting knowledge structures as shared goods. There are four building blocks around which the edited volume revolves: First, markets are cultural, they depend on various kinds of knowledge some of which are governed as commons; markets coincide with a form of culture that we call civilization. Secondly, civilization relies on shared goods which are – unlike physical commons – produced and reproduced by contributions and sharing. The more one uses a shared good, the more there is of it. Thirdly, the knowledge that constitutes our civilization includes various kinds of intellectual and legal infrastructures. These infrastructures are a part of a capital structure: they are economic inputs. Finally, entrepreneurs sustain and marginally change the shared intellectual and legal infrastructures by abiding by them as well as through slight evasions, and justifications.
Keywords: Shared goods, institutions, conventions, knowledge commons, markets, entrepreneurship, intellectual infrastructures
JEL Classification: D02, O43, K1, L2, N80
Suggested Citation: Suggested Citation