Toward an Ecology of Intellectual Property: Lessons from Environmental Economics for Valuing Copyright's Commons

39 Pages Posted: 30 Aug 2004 Last revised: 12 Nov 2007

Frank A. Pasquale III

University of Maryland Francis King Carey School of Law; Yale University - Yale Information Society Project

Abstract

The fair use defense in copyright law shields an intellectual commons of protected uses of copyrighted material from infringement actions. In determining whether a given use is fair, courts must assess the new use's potential effect on the market for the copyrighted work. Fair use jurisprudence too often fails to address the complementary, network, and long-range effects of new technologies on the market for copyrighted works. These effects parallel the indirect, direct, and option values of biodiversity recently recognized by environmental economists. Their sophisticated methods for valuing natural resources in tangible commons can inform legal efforts to address the intellectual commons' effect on the market for copyrighted works.

Keywords: copyright, intellectual property, environmental, economics

JEL Classification: A12, K32, O34

Suggested Citation

Pasquale, Frank A., Toward an Ecology of Intellectual Property: Lessons from Environmental Economics for Valuing Copyright's Commons. Yale Journal of Law & Technology, Vol. 8, No. 78, January 2006; Seton Hall Public Law Research Paper No. 12. Available at SSRN: https://ssrn.com/abstract=584682 or http://dx.doi.org/10.2139/ssrn.584682

Frank A. Pasquale III (Contact Author)

University of Maryland Francis King Carey School of Law ( email )

500 West Baltimore Street
Baltimore, MD 21201-1786
United States
410-706-4820 (Phone)
410-706-0407 (Fax)

Yale University - Yale Information Society Project ( email )

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United States

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