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When are IP Rights Necessary? Evidence from Innovation in IP's Negative Space

Дата публикации: 07-10-2026 00:00:00

The law and economics of intellectual property has long rested on a foundational, if implicit, premise: that IP law is best understood by studying how legal rules operate in actual markets for creative work. The assumption that we best understand a body of legal rules by looking at the fields they directly address is eminently reasonable and seemingly so obvious that, until recently, it was almost never questioned. Yet this way of analyzing IP is incomplete. IP rules are purposive; the core goal and rationale of IP is to incentivize creative and innovative production. Looking only at the creative fields that IP law addresses leaves open, or at least incomplete, a host of important and fascinating questions. Can innovation flourish in the absence of IP protection? Can market incentives, psychological factors, social norms, first-mover advantages, or any number of other causes, including path-dependency or even happenstance, serve as whole or partial substitutes for IP rights? And...

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