50,207 research outputs found
On the impact of digital music distribution
We present a framework to evaluate the impact of digital music distribution. We set up a representative model that enables the comparative static analysis. We then interpret two empirical observations about the music industry, the sales decline and the price constancy, and fit the model to these observations. We find that, while the impact of digitalization on the producers' profits is probably negative, it may not be as severe as the observed impact on the quantity. On the other hand, the impact of digitalization on the consumer surplus is unambiguously positive. The impact on the social welfare is rather ambiguous, but numerical calculations reveal that the social welfare has increased for most parameter values. We also show that enhanced copyright protection to counteract the impacts of digitalization may have an unexpected effect on the social welfare.Music industry, Digital music, Copyright, File sharing
Digital piracy : theory
This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the consequences of digital piracy, using a base model and several extensions (with consumer sampling, network effects, and indirect appropriation). A closer look at market-structure implications of end-user piracy is then taken. After a brief review of commercial piracy, additional legal and private responses to end-user piracy are considered. Finally, a quick look at emerging new business models is taken.information good, piracy, copyright, IP protection, internet, peer-to-peer, software, music
Digital Piracy: Theory
This article reviews recent theoretical contributions on digital piracy. It starts by elaborating on the reasons for intellectual property protection, by reporting a few facts about copyright protection, and by examining reasons to become a digital pirate. Next, it provides an exploration of the consequences of digital piracy, using a base model and several extensions (with consumer sampling, network effects, and indirect appropriation). A closer look at market-structure implications of end-user piracy is then taken. After a brief review of commercial piracy, additional legal and private responses to end-user piracy are considered. Finally, a quick look at emerging new business models is taken.information good, piracy, copyright, IP protection, internet, peer-to-peer, software, music
Internationalisation of SMEs and firm performance: evidences from Bangladesh
One of the key objectives of this paper is to identify the impacts of internationalisation of
SMEs on firm performance. Although there have been a number of research that examined
the relationship between SME internationalisation and firm performance, research from the
context of smaller developing economies are really scant. This is against the fact that SMEs
are main vehicle for growth in those economies and extensive research on various dimensions
of SMEs including its impact on firm performance may help to better understand the
operational aspects of SMEs in those economies. Using primary data and structural equation
modelling to analyse those data, the paper has found that internationalisation of SMEs has
significant impact on both financial and non-financial performance of SMEs in Bangladesh.
More specifically, the paper has found that internationalisation impacts in two dimensions
(Financial impacts and non-financial impacts) with 8 indicators (higher sales, higher profit,
assets maximization, market expansion, competitive advantage, better reputation, better
customer service and added knowledge)
Social Media’s impact on Intellectual Property Rights
This is a draft chapter. The final version is available in Handbook of Research on Counterfeiting and Illicit Trade, edited by Peggy E. Chaudhry, published in 2017 by Edward Elgar Publishing Ltd, https://doi.org/10.4337/9781785366451. This material is for private use only, and cannot be used for any other purpose without further permission of the publisher.Peer reviewe
Retail positioning through customer satisfaction: an alternative explanation to the resource-based view
Through exploring factors influencing effective retail positioning strategies in an emerging market environment, this paper challenges the role of isolation mechanism and heterogeneous idiosyncrasy argued by the resource-based view theory. By drawing on a sample of 11,577 customers from hypermarkets, electronic appliance specialty stores and department stores in major Chinese cities, we set up ten hypotheses and confirm a nine-item model for customeroriented retail positioning (perceived price, store image, product, shopping environment, customer service, payment process, after-sales service, store policies, and shopping convenience). Our results show that different retail formats achieve success through the implementation of similar positioning strategies, in which case, it is not heterogeneity but homogeneity that contributes to retailers' success greatly at the development stage of retail expansion. Our results challenge previously proved effectiveness of inimitability to success by the resource-based view, and support homogenous idiosyncrasy of retailers in the implementation of customer-oriented positioning strategies in an emerging market
Moving from Data-Constrained to Data-Enabled Research: Experiences and Challenges in Collecting, Validating and Analyzing Large-Scale e-Commerce Data
Widespread e-commerce activity on the Internet has led to new opportunities
to collect vast amounts of micro-level market and nonmarket data. In this paper
we share our experiences in collecting, validating, storing and analyzing large
Internet-based data sets in the area of online auctions, music file sharing and
online retailer pricing. We demonstrate how such data can advance knowledge by
facilitating sharper and more extensive tests of existing theories and by
offering observational underpinnings for the development of new theories. Just
as experimental economics pushed the frontiers of economic thought by enabling
the testing of numerous theories of economic behavior in the environment of a
controlled laboratory, we believe that observing, often over extended periods
of time, real-world agents participating in market and nonmarket activity on
the Internet can lead us to develop and test a variety of new theories.
Internet data gathering is not controlled experimentation. We cannot randomly
assign participants to treatments or determine event orderings. Internet data
gathering does offer potentially large data sets with repeated observation of
individual choices and action. In addition, the automated data collection holds
promise for greatly reduced cost per observation. Our methods rely on
technological advances in automated data collection agents. Significant
challenges remain in developing appropriate sampling techniques integrating
data from heterogeneous sources in a variety of formats, constructing
generalizable processes and understanding legal constraints. Despite these
challenges, the early evidence from those who have harvested and analyzed large
amounts of e-commerce data points toward a significant leap in our ability to
understand the functioning of electronic commerce.Comment: Published at http://dx.doi.org/10.1214/088342306000000231 in the
Statistical Science (http://www.imstat.org/sts/) by the Institute of
Mathematical Statistics (http://www.imstat.org
The Internet and Consumer Choice
Presents findings on how heavily consumers rely on the Internet to research and buy music, cell phones, and real estate; whether they post online comments on purchased products; and whether the Internet circumvents traditional means of purchase
Measuring Infringement of Intellectual Property Rights
© Crown Copyright 2014. You may re-use this information (excluding logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit http://www.nationalarchives.gov. uk/doc/open-government-licence/ Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concernedThe review is wide-ranging in scope and overall our findings evidence a lack of appreciation among those producing research for the high-level principles of measurement and assessment of scale. To date, the approaches adopted by industry seem more designed for internal consumption and are usually contingent on particular technologies and/or sector perspectives. Typically, there is a lack of transparency in the methodologies and data used to form the basis of claims, making much of this an unreliable basis for policy formulation. The research approaches we found are characterised by a number of features that can be summarised as a preference for reactive approaches that look to establish snapshots of an important issue at the time of investigation. Most studies are ad hoc in nature and on the whole we found a lack of sustained longitudinal approaches that would develop the appreciation of change. Typically the studies are designed to address specific hypotheses that might serve to support the position of the particular commissioning body. To help bring some structure to this area, we propose a framework for the assessment of the volume of infringement in each different area. The underlying aim is to draw out a common approach wherever possible in each area, rather than being drawn initially to the differences in each field. We advocate on-going survey tracking of the attitudes, perceptions and, where practical, behaviours of both perpetrators and claimants in IP infringement. Clearly, the nature of perpetrators, claimants and enforcement differs within each IPR but in our view the assessment for each IPR should include all of these elements. It is important to clarify that the key element of the survey structure is the adoption of a survey sampling methodology and smaller volumes of representative participation. Once selection is given the appropriate priority, a traditional offline survey will have a part to play, but as the opportunity arises, new technological methodologies, particularly for the voluntary monitoring of online behaviour, can add additional detail to the overall assessment of the scale of activity. This framework can be applied within each of the IP right sectors: copyright, trademarks,patents, and design rights. It may well be that the costs involved with this common approach could be mitigated by a syndicated approach to the survey elements. Indeed, a syndicated approach has a number of advantages in addition to cost. It could be designed to reduce any tendency either to hide inappropriate/illegal activity or alternatively exaggerate its volume to fit with the theme of the survey. It also has the scope to allow for monthly assessments of attitudes rather than being vulnerable to unmeasured seasonal impacts
An Investigation of Free Product Sampling and Rating Bias in E-Commerce
Free product sampling has increasingly become a popular promotional strategy, and served as a new mechanism of product review generation in e-commerce. We empirically analyze how a product’s engagement in free product sampling affects the product’s review rating, and also examine important contingent factors of product pricing and product popularity. Using a rich data set from Taobao.com and multiple identification strategies and estimation methods, we find that engaging in free product sampling increases product rating by 1.1%. We argue that it is consumers’ reciprocal behavior of giving higher ratings as a return to retailers’ beneficial actions that causes rating bias. We further find that the bias would be larger with higher original price, but smaller with higher price discount and higher product popularity. Our empirical findings provide important contributions to the literature on product sampling and word-of-mouth, and offer critical managerial implications to online retailers, rating system designers, and consumers
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