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Creativity, Incentive and Reward

An Economic Analysis of Copyright and Culture in the Information Age

Creativity, Incentive and Reward by Ruth Towse
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‘. . . this is a fascinating and enlightening piece of work. At a time when copyright law, business models in the cultural industry and cultural policy are all under pressure and greatly affected by technological change, this is a valuable and challenging work that deserves to be widely read.’ – Helen Dakin, Copyright Reporter ‘. . . well written, clear and informative. It contains many references that demonstrate the deep knowledge of the field that the author has acquired through her own research and her remarkable work at the head of the Journal of Cultural Economics. She especially provides a very clear review of the literature on the economics of copyright. . . . this review will become a reference that can’t be ignored by researchers interested in copyright. . . Towse opens avenues for further research and also stresses those questions that can help professionals better understand cultural regulations.’ – Françoise Benhamou, Journal of Cultural Economics ‘Ruth Towse’s book provides an easily accessible introduction to this field and contains much useful argument. It also stands as testament to the productive and continuing scholarly career of one of the best known figures in contemporary cultural economics.’ – David Throsby, Journal of Economic Literature ‘This is a most interesting treatise on a very topical subject of economic and legal policy . . . this book offers a wealth of intriguing research ideas and some interesting, if not highly rigorous, analyses of an important area of public policy.’ – Mary Kokoski, Monthly Labor Review ‘Ruth Towse’s excellent book, Creativity, Incentive and Reward is a beacon in this confused theoretical and policy mish-mash. The book, which brings together Towse’s work in copyright and cultural economics over the last decade, is thoroughly researched, analytically satisfying and beautifully written. . . copyright scholars owe a debt of gratitude to Towse.’ – Fiona Macmillan, Copyright World ‘This is an important work on compensation of the artist and the incentives for artistic activity. The explosive evolution of the technology of communications raises particularly pressing issues in this arena and poses new threats to remuneration of the artist. The discussion of copyright in this book provides vital information for analysis of this issue. The book is informative, intelligent and well written – precisely what is needed for understanding of its subject.’ – William J. Baumol, New York University and Princeton University, US Creativity is crucial to the Information Age economy. It is the basis of production in the cultural industries. In this excellent book, Ruth Towse provides an analysis of the interaction between creativity, the law, and markets for cultural goods and services. Copyright law establishes property rights that create economic incentives to cultural production and Ruth Towse uses her analysis to draw conclusions about policy on copyright. This unique study is of interest to a range of disciplines in economics, law, cultural studies and management.
Edward Elgar Publishing; January 2001
208 pages; ISBN 9781843767459
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Title: Creativity, Incentive and Reward
Author: Ruth Towse