Copyright 'lobbynomics' found to stifle innovation

By on
Copyright 'lobbynomics' found to stifle innovation

Digital Copyright Exchange idea floated in Britain.

Lawmakers need to use evidence to shape copyright policy and not be swayed by ‘lobbynomics’, according to an intellectual property review commissioned by UK Prime Minister David Cameron.

“On copyright issues, lobbying on behalf of rights owners has been more persuasive to Ministers than economic impact assessments,” stated the Digital Opportunity review [PDF] of intellectual property, led by Professor Ian Hargreaves. 

The report cited Britain’s controversial Digital Economy Act 2010 as an example where politicians were subjected to “an extraordinary degree” of unhelpful lobbying.    

Another was the UK’s earlier support for the push to extend the music copyright from 50 to 70 years, despite a lack of evidence that it would further intellectual property’s prime goal: the incentive to create.  

“No one has yet discovered a mechanism for incentivising the deceased,” the report noted, urging the government to limit regulation to “the provision of incentives to creators”.  

Existing copyright laws negatively impacted the economy in a variety of ways, by forbidding consumers from changing the format of copyrighted material, preventing libraries making digital archives and blocking researchers’ access to copyrighted data.     

The report recommended the UK establish a centralised Digital Copyright Exchange to facilitate the trade in rights as part of a wider overhaul of the intellectual property regime. This would add £750 million(AU$1.14 billion) a year to the nation's gross domestic product, the report said.

“This will make it easier for rights owners, small and large, to sell licences in their work and for others to buy them.  It will make market transactions faster, more automated and cheaper.  The result will be a UK market in digital copyright which is better informed and more readily capable of resolving disputes without costly litigation.”

Business Secretary Vince Cable welcomed the complicated and controversial issues the report covered. 

"The report highlights real scope for changes to copyright laws which could add enormous value to the UK economy.

"Intellectual Property has an enormous impact on individuals, businesses and industries across the UK. It affects what we can and can't do in business, education and in our daily lives. Technological innovation, successful creative businesses and strong international brands need to thrive."

Copyright © iTnews.com.au . All rights reserved.
Tags:

Most Read Articles

You must be a registered member of iTnews to post a comment.
| Register

Poll

How should the costs of Australia's piracy scheme be split?
Rights holders should foot the whole bill
50/50
ISPs should foot the whole bill
Government should chip in a bit
Other
Flash is heading towards its grave, and that's...
Great! Good riddance
Sad! Flash had some good qualities
Irrelevant. I don't care
What's Flash?
View poll archive

Whitepapers from our sponsors

What will the stadium of the future look like?
What will the stadium of the future look like?
New technology adoption is pushing enterprise networks to breaking point
New technology adoption is pushing enterprise networks to breaking point
Gartner names IBM a 'Leader' for Disaster Recovery as a Service
Gartner names IBM a 'Leader' for Disaster Recovery as a Service
The next era of business continuity: Are you ready for an always-on world?
The next era of business continuity: Are you ready for an always-on world?

Log In

Username:
Password:
|  Forgot your password?