Defining Property Rights: The Case of Knowledge-Based Resources Harvard Case Solution & Analysis

Advances in information technology, as well as increasing economic globalization creates a dilemma with regard to the level of definition of property rights that exist in relation to the knowledge-based resources. The issues at stake include the provision of property companies, without alienating customers and making knowledge-based resources available. Offers a framework to help solve these dilemmas and forecasting costs and benefits that determine the ownership of the resources. Costs and benefits are mainly determined by: capture costs and rent dissipation created nonexclusivity resource sharing and police costs associated with the resource, the cost of reduced investment created nonexclusivity resource; exchange value of resources, and social costs of the exclusivity of the resource. "Hide
by Ayse Olcay Costello, Thomas J. Costello Source: California Management Review 14 pages. Publication Date: April 1, 2005. Prod. #: CMR314-PDF-ENG

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