Copyright Through the Prism of the Law and Economics Movement: A Scientific Approach

Koutras, Nikos; Papadopoulos, Marinos

doi:10.1007/s12109-021-09839-0

Cited by 1 publication

(2 citation statements)

References 38 publications

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“…Transaction costs mainly come from search, coordination, and regulatory costs ( Lintaman, 2020 ). High transaction costs will induce infringement by short video copyright users, especially when the transaction costs required for copyright transactions exceed the transaction surplus, and infringement has a comparative advantage in transaction costs compared to seeking authorization ( Koutras and Papadopoulos, 2021 ). To effectively control the phenomenon of short video copyright infringement, the transaction cost of short video copyright needs to be reduced.…”

Section: Recommendations For the Governance Of Short Video Infringementmentioning

confidence: 99%

“…Digitization and transnational communication networks bring new actors and interests into the sphere of copyright governance, generating new institutional dynamics due to the emergence of new technologies and market opportunities ( Koutras and Papadopoulos, 2021 ). Notably, decision-making is shifting away from local settings to international settings.…”

Section: Introductionmentioning

confidence: 99%

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Copyright Governance for Online Short Videos: Perspective of Transaction Cost Economics

Long

2022

Front. Psychol.

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In recent years, copyright governance for short videos has become a hot issue of common concern in the academic community and the industry. Therefore, this study intends to explore the economic aspect of copyright governance in relation to the proliferation of infringing short videos. The short video industry of China has been taken as a case to demonstrate the copyright governance issue. Transaction cost theory has been applied to analyze the economic aspect of copyright governance in terms of four dimensions: bounded rationality, opportunism, environmental uncertainty, and asset specificity. From the perspective of transaction cost economics, the problem of short video infringement is observed to be essentially a market failure due to high transaction costs. In the short video market, substantial transaction costs are incurred in the legal transaction of copyright with these costs considered to be too high. This is especially the case when transaction costs exceed the net proceeds initially expected by short video users from the authorization, making it impossible to carry out the transaction and leading to infringement. To effectively control the copyright infringement of short videos, it is necessary to build a cross-platform information-sharing mechanism to reduce search costs, establish a unified copyright management platform to reduce coordination costs, and give full attention to the role of technical support to reduce regulatory costs.

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Section: Recommendations For the Governance Of Short Video Infringementmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Copyright Governance for Online Short Videos: Perspective of Transaction Cost Economics

Long

2022

Front. Psychol.

View full text Add to dashboard Cite

show abstract

Copyright Through the Prism of the Law and Economics Movement: A Scientific Approach

Cited by 1 publication

References 38 publications

Copyright Governance for Online Short Videos: Perspective of Transaction Cost Economics

Copyright Governance for Online Short Videos: Perspective of Transaction Cost Economics

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