The Value Lost by Destroying the Public Domain

Rufus Pollock has just posted two important new papers on calculating the size of and ‘value’ the EU Public Domain. They answer the question: what do we loose by extending copyright thoughtlessly?

Commentary by Mike Masnick at TechDirt:

“The main assumption is often that there’s no “cost” to keeping works protected by copyright. In fact politicians have, at times, even argued that copyright doesn’t have an impact on price of works, as they argued in favor of copyright extension.

Rufus Pollock has now released two new studies on the size and value of the public domain in the EU, which shows that this argument is false. The public domain creates plenty of value and extending copyright does have a very real cost. It’s not easy to calculate the specific cost, because the data necessary is not always available, but in areas where Pollock and his collaborators were able to get the necessary data, they showed that there’s clearly value created by the public domain — and we should not ignore that in copyright debates. Separately, the paper on valuing the public domain seems like an excellent one for use in the future in setting up a clear methodology for calculating “value” (as opposed to price) for works under copyright vs. the public domain. Most of the paper is really about the methodology of trying to figure out something that is not easily calculated (value).”

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