Capitalism, Power and Innovation : Intellectual Monopoly Capitalism Uncovered

Cecilia Rikap

ISBN 10: 0367750295 / ISBN 13: 9780367750299

Editore: Routledge, 2022

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nach der Bestellung gedruckt Neuware - Printed after ordering - In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book's unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind.The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large.This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership.Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book's scope to those curious about how innovation networks shape our world.Capitalism, Power and Innovation has won the Joan Robinson Prize, which is awarded biennially for the best monograph on a theme broadly in accord with the European Association for Evolutionary Political Economy (EAEPE) theoretical perspectives.

Codice articolo 9780367750299

Dati bibliografici

• Titolo: Capitalism, Power and Innovation : Intellectual Monopoly Capitalism Uncovered
• Editore: Routledge
• Data di pubblicazione: 2022
• Lingua: Inglese
• ISBN 10: 0367750295
• ISBN 13: 9780367750299
• Rilegatura: Taschenbuch
• Condizione: Neu
• Dimensioni: 234 L x 156 A x 17 P (millimetri) 234 millimetri di larghezza per 156 millimetri di altezza per 17 millimetri di profondità
• Peso: 483 grammi

Descrizione articolo

Riassunto

In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book’s unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind.

The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large.

This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership.

Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book’s scope to those curious about how innovation networks shape our world.

Capitalism, Power and Innovation has won the Joan Robinson Prize, which is awarded biennially for the best monograph on a theme broadly in accord with the European Association for Evolutionary Political Economy (EAEPE) theoretical perspectives.

Informazioni sull'autore

Cecilia Rikap is a tenure researcher at the Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET) and associate researcher at the Centre de Population et Développement (CEPED), IRD/Université de Paris and COSTECH, Université de Technologie de Compiègne. She is also an undergraduate lecturer at the Universidad de Buenos Aires and postgraduate lecturer at the Universidad Nacional de Quilmes in Argentina.