Premium
Artistic Creation and Intellectual Property: A Professional Career Approach
Author(s) -
Alcalá Francisco,
GonzálezMaestre Miguel
Publication year - 2012
Publication title -
journal of economics and management strategy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.672
H-Index - 68
eISSN - 1530-9134
pISSN - 1058-6407
DOI - 10.1111/j.1530-9134.2012.00338.x
Subject(s) - superstar , intellectual property , welfare , property (philosophy) , sociology , visual arts , aesthetics , art , business , law , political science , advertising , epistemology , philosophy
Reaching high levels of artistic creation in a society requires institutions that facilitate the sorting of the most talented individuals of each generation and the development of their skills throughout the artistic career. The impact of long copyrights is not straightforward in this respect. This paper takes a professional career approach to analyzing how copyright regulation affects artistic creation. It does so within an overlapping‐generations model of artists. Long copyrights increase superstar market concentration and can reduce the number of young artists being able to pursue artistic careers. As a result, in the long run, excessively long copyrights can reduce artistic creation, the average talent of artists, and social welfare.