Privatisation of Knowledge

£40.99

Privatisation of Knowledge

A New Policy Agenda for Health, Energy, and Data Governance

Economics of industrial organization Political economy Knowledge management Production and quality control management Research and development management Operational research Public ownership / nationalization Non-profitmaking organizations

Author: Massimo Florio

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Collection: Routledge Studies in Public Economics and Finance

Language: English

Published by: Routledge

Published on: 14th September 2023

Format: LCP-protected ePub

ISBN: 9781000966893


Introduction

This book deals with the emergence of intellectual monopolies. It explores different ways of producing knowledge, thus showing alternatives to the current dominant paradigm which is based on turning knowledge produced collectively into intangible assets, owned by a few leading corporations. It discusses a paradox: knowledge creation by government-sponsored research infrastructures (RI) or by non-profit institutions, including universities, is increasingly appearing in the form of "open science" - ideas and data are widely available in the public domain. However, such knowledge is privatised downstream by new oligopolies. These oligopolies, such as the Tech Giants, are protected by legislation on intellectual property rights that restricts further access to knowledge. This process contributes to increasing social inequality.

Policy Options and Proposals

The book suggests alternative policy options to counteract this process: the design of new players with a public mission and a coalition of governments as patient investors for the long-term benefit not just of the citizens of one jurisdiction but for creating global public goods. Proposals are presented for launching European R&D infrastructures related to three major long-term challenges: health risks, climate change and Big Data governance. These knowledge-intensive enterprises should offer innovation as a public good, for example in new biomedical fields underinvested by private firms, disruptive ‘green’ technologies, digital platforms based on transparent users’ ownership of data.

Target Audience

Offering a balanced combination of theories and practical applications including interesting case studies, the book will appeal to students, scholars and researchers of public economics and governance. It will also find an audience among policymakers, practitioners and government officials.

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