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  • Creating Economy: Enterprise, Intellectual Property, and the Valuation of Goods

    Creating Economy by Townley, Barbara; Roscoe, Philip; Searle, Nicola;

    Enterprise, Intellectual Property, and the Valuation of Goods

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      • Publisher's listprice GBP 88.00
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    Product details:

    • Publisher OUP Oxford
    • Date of Publication 30 January 2019

    • ISBN 9780198795285
    • Binding Hardback
    • No. of pages236 pages
    • Size 236x164x18 mm
    • Weight 484 g
    • Language English
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    Short description:

    Creativity has been valorised as a form of capital in its own right, but what is economic about creativity? This book offers a fresh approach to this topic within the creative industries. Through a focus on intellectual property, it shows how IP shapes creative products and configures the economic agency of creative producers.

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    Long description:

    Creativity is at the vanguard of contemporary capitalism, valorised as a form of capital in its own right. It is the centrepiece of the vaunted 'creative economy', the creative industries, and is increasingly a focus of public policy. But what is economic about creativity? How can creative labour become the basis for a distinctive global industry? And how has the solitary artist, a figment of the romantic thought, become the creative entrepreneur of twenty-first century economic imagining? This book offers a fresh approach to this topic within the creative industries through a focus on intellectual property. It follows IP and its associated rights (IPR) through the creative economy, showing how it shapes creative products and configures the economic agency of creative producers. IP helps to manage risk, settle what is valuable, extract revenues, and protect future profits. It is the central mechanism in organising the market for creative goods.

    Most importantly, it shows that IP/IPR is crucial in the dialectic between symbolic and economic value on which the creative industries depend; IP/IPR hold the creative industries together. This book is based on a detailed empirical study of creative producers in the UK, extending the sociological studies of markets to an analysis of the UK's creative industries. In doing so, it makes an important, empirically grounded contribution to debates around creativity, entrepreneurship, and uncertainty in creative industries, and will be of interest to scholars and policymakers alike.

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    Table of Contents:

    Introduction: Creating Economy
    IP/IPR as a Market Object
    IP/IPR and Economic Agency
    Nobody Knows: Managing Uncertainty
    Constructing Value
    Realizing Value
    Protecting Value
    Conclusion: The Ambiguities of IP/IPR

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