Platform Economy Puzzles

Platform Economy Puzzles

In the advent of digital labour platforms, this insightful book sheds new light on familiar questions about tensions between competition and cooperation, short-term gains and long-term success, and private benefits and public costs.

Author: Meijerink, Jeroen

Publisher: Edward Elgar Publishing

ISBN: 9781839100284

Category: Business & Economics

Page: 256

View: 209

Searching for paid tasks via digital labour platforms, such as Uber, Deliveroo and Fiverr, has become a global phenomenon and the regular source of income for millions of people. In the advent of digital labour platforms, this insightful book sheds new light on familiar questions about tensions between competition and cooperation, short-term gains and long-term success, and private benefits and public costs. Drawing on a wealth of knowledge from a range of disciplines, including law, management, psychology, economics, sociology and geography, it pieces together a nuanced picture of the societal challenges posed by the platform economy.
Categories: Business & Economics

Handbook of Research on the Platform Economy and the Evolution of E Commerce

Handbook of Research on the Platform Economy and the Evolution of E Commerce

Skill-biased technological change and rising wage inequality: Some problems and puzzles. Journal of Labor Economics, 20(4), 733–783. doi:10.1086/342055 Carroll, E., & Romano, J. (2011). Your digital afterlife: When Facebook, ...

Author: Ertz, Myriam

Publisher: IGI Global

ISBN: 9781799875468

Category: Business & Economics

Page: 554

View: 899

In the past two decades, research on electronic commerce and platforms has thrived. Tremendous academic research has been conducted on this specific concept. Over the last decade, with the rise of applications and mobile technology, that stream of research has extended to the collaborative economy, more colloquially known as the sharing economy. The commonality between e-commerce and collaborative consumption being that they both occur online and rely predominantly on platforms. The Handbook of Research on the Platform Economy and the Evolution of E-Commerce is a comprehensive reference book offering a holistic perspective of the platform economy by connecting the e-commerce and collaborative economy streams into a common framework. As such, this integrated perspective offers a clearer understanding of the key trends in research and in managerial action, as well as an agenda for future studies and practice. This handbook emphasizes how the digital transition will create an increased merging between physical and digital activities, as well as the challenges and opportunities pertaining to this trend. Covering topics including sharing economy, Marketing 4.0, and digital applications, this book is essential for marketers, managers, executives, students, researchers, and academicians.
Categories: Business & Economics

Collective Bargaining for Self Employed Workers in Europe

Collective Bargaining for Self Employed Workers in Europe

... Labour Protection for Non-employees: How the Gig Economy Revives Old Problems and Challenges Existing Solutions, in Jeroen Meijerink, Giedo Jansen & Victoria Daskalova (eds), Platform Economy Puzzles: Gig Work in a Multidisciplinary ...

Author: Bernd Waas

Publisher: Kluwer Law International B.V.

ISBN: 9789403523743

Category: Law

Page: 360

View: 479

Collective Bargaining for Self-Employed Workers in Europe Approaches to Reconcile Competition Law and Labour Rights Founding Editor: Roger Blanpain General Editor: Frank Hendrickx Edited by Bernd Waas & Christina Hießl The increase in the number of self-employed workers, partially in response to the advent of the platform economy, has raised the spectre of horizontal price-fixing by self-employed members of a profession. This perception, however, is at odds with international labour standards, under which self-employed persons should also be able to conclude collective agreements to some extent. It is now commonplace for companies to offer various forms of non-standard employment that shift risk from the labour engager to the labour provider – which may increase the likelihood of those workers to fall outside the legal concept of ‘employee’ and because of that affects their legal protection. Legal practitioners may then face a dilemma: what may be required under labour law may be prohibited under antitrust law. In the first comprehensive analysis of these intensely debated issues, the authors argue that there is an urgent need to address the current legal puzzle, including through regulatory measures. This must include, in particular, the existing regulation at the level of the European Union (EU), which dominates competition law in the Member States. The book combines an analysis of the supranational framework by experts in labour law as well as competition law with in-depth country reports from Member States of the EU in which regulations and/or practices of collective bargaining for the self-employed exist. Among the many issues discussed in this book are the following: collective bargaining and international labour rights; self-employed individuals and the concept of undertaking in EU competition law; the concept of ‘social dumping’; the importance of the case law of the European Court of Justice; the concept of ‘vulnerability’; competition authorities’ enforcement strategies and priorities; the concept of ‘false self-employed’; and the possible introduction of exemptions, presumptions, safe harbours, or smart regulation solutions in competition law. The book gives an insight into the legal situation in Austria, Belgium, France, Germany, Ireland, Italy, the Netherlands, Poland, Slovenia, Spain, and Sweden. These reports discuss the current practice of collective bargaining and how the current law is reflected in the academic discourse on the right of self-employed people to bargain collectively. This important book, in its presentation of legally sound and effective ways to shape the application of the right to bargain collectively that are attuned to the business and technological realities of the twenty-first century, promotes an understanding of the consequences for current law and practice and offers a basis for a discussion of regulatory measures addressing existing challenges. Practitioners of labour law and competition law, national competition authorities, and other interested parties will benefit from the detailed analysis and extensive findings.
Categories: Law

Platform Revolution How Networked Markets Are Transforming the Economyand How to Make Them Work for You

Platform Revolution  How Networked Markets Are Transforming the Economyand How to Make Them Work for You

Our goal in writing this book is to solve a number of puzzles posed by the rapid rise of the platform model. ... How has the rise of the platform transformed the principles governing economic growth and business competition?

Author: Geoffrey G. Parker

Publisher: W. W. Norton & Company

ISBN: 9780393249125

Category: Business & Economics

Page: 256

View: 99

A practical guide to the new economy that is transforming the way we live, work, and play. Uber. Airbnb. Amazon. Apple. PayPal. All of these companies disrupted their markets when they launched. Today they are industry leaders. What’s the secret to their success? These cutting-edge businesses are built on platforms: two-sided markets that are revolutionizing the way we do business. Written by three of the most sought-after experts on platform businesses, Platform Revolution is the first authoritative, fact-based book on platform models. Whether platforms are connecting sellers and buyers, hosts and visitors, or drivers with people who need a ride, Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary reveal the what, how, and why of this revolution and provide the first “owner’s manual” for creating a successful platform business. Platform Revolution teaches newcomers how to start and run a successful platform business, explaining ways to identify prime markets and monetize networks. Addressing current business leaders, the authors reveal strategies behind some of today’s up-and-coming platforms, such as Tinder and SkillShare, and explain how traditional companies can adapt in a changing marketplace. The authors also cover essential issues concerning security, regulation, and consumer trust, while examining markets that may be ripe for a platform revolution, including healthcare, education, and energy. As digital networks increase in ubiquity, businesses that do a better job of harnessing the power of the platform will win. An indispensable guide, Platform Revolution charts out the brilliant future of platforms and reveals how they will irrevocably alter the lives and careers of millions.
Categories: Business & Economics

The Virtual Workplace

The Virtual Workplace

... “The New Public Accommodations: Race Discrimination in the Platform Economy,” Georgetown Law Journal 105 (2017): 1271, 1311; ... 2006); Dan Eaton, “Gig Economy Creates Legal Puzzles for the Courts,” San Diego Union-Tribune ...

Author: Joseph A. Seiner

Publisher: Cambridge University Press

ISBN: 9781108659086

Category: Law

Page:

View: 856

The recent pandemic has clarified the overwhelming connection between the workplace and technology. With thousands of employees suddenly forced to work at home, a large segment of the workforce quickly received crash courses in videoconferencing and other technologies, and society as a whole took a step back to redefine what employment actually means. The virtual workplace is the blending of brick-and-mortar physical places of business with the advanced technologies that now make it possible for workers to perform their duties outside of the office. Trying to regulate in this area requires the application of decades old employment laws to a context never even contemplated by the legislatures that wrote those rules. This book explores the emerging issues of virtual work—defining employment, litigating claims, aggregating cases, unionizing workers, and preventing harassment—and provides clarity to these areas, synthesizing the current case law, statutory rules, and academic literature to provide guidance to workers and companies operating in the technology sector.
Categories: Law

Analyzing the Economics of Financial Market Infrastructures

Analyzing the Economics of Financial Market Infrastructures

Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles? ... Journal of Political Economy, 103(2), 400–433. doi:10.1086/261988 Burton, D. (2008). ... Platform Economics: Essays on Multi-Sided Businesses.

Author: Diehl, Martin

Publisher: IGI Global

ISBN: 9781466687462

Category: Business & Economics

Page: 411

View: 891

The prosperity and stability of any economic structure is reliant upon a foundation of secure systems that regulate the movement of money across the globe. These structures have become an integral part of contemporary society by reducing monetary risk and increasing financial security. Analyzing the Economics of Financial Market Infrastructures is a pivotal reference source for the latest scholarly research on the current developments in financial systems and how these processes are evolving due to new regulations and technical advances. Featuring extensive coverage on a range of relevant topics on payment systems, central securities depositories, central counterparties, and trade repositories, this book is an essential reference source for professionals in the financial sector, analysts, IT professionals, and academicians concerned with emerging research on financial markets. This book features timely, research-based chapters on a variety of crucial topics including, but not limited to, payment timing, multi-layer networks, transaction simulations, payment system analysis, and regulation of financial marketplaces.
Categories: Business & Economics

Routledge Handbook of Behavioral Economics

Routledge Handbook of Behavioral Economics

The first behavioral economics meeting was planned for 7 December 1984 at the Waldorf-Astoria Hotel, New York. ... an ''Economic Puzzles'' feature written by Barry Nalebuff, and the ''Anomalies'' feature written by Richard Thaler.

Author: Roger Frantz

Publisher: Routledge

ISBN: 9781317589242

Category: Business & Economics

Page: 422

View: 822

There is no doubt that behavioral economics is becoming a dominant lens through which we think about economics. Behavioral economics is not a single school of thought but representative of a range of approaches, and uniquely, this volume presents an overview of them. The wide spectrum of international contributors each provides an exploration of a central approach, aspect or topic in behavorial economics. Taken together, the whole volume provides a comprehensive overview of the subject which considers both key developments and future possibilities. Part One presents several different approaches to behavioural economics, including George Katona, Ken Boulding, Harvey Leibenstein, Vernon Smith, Herbert Simon, Gerd Gigerenzer, Daniel Kahneman, and Richard Thaler. This section looks at the origins and development of behavioral economics and compares and contrasts the work of these scholars who have been so influential in making this area so prominent. Part Two presents applications of behavioural economics including nudging; heuristics; emotions and morality; behavioural political economy, education, and economic innovation. The Routledge Handbook of Behavioral Economics is ideal for advanced economics students and faculty who are looking for a complete state-of-the-art overview of this dynamic field.
Categories: Business & Economics

Legacies Logics Logistics

Legacies  Logics  Logistics

Essays in the Anthropology of the Platform Economy Jane I. Guyer ... then finding small puzzles within specific transactions, and then pursuing a spiral track of empirical research and analytical artisanship between them.

Author: Jane I. Guyer

Publisher: University of Chicago Press

ISBN: 9780226326900

Category: Social Science

Page: 320

View: 639

Legacies, Logics, Logistics brings together a set of essays, written both before and after the financial crisis of 2007–08, by eminent Africanist and economic anthropologist Jane I. Guyer. Each was written initially for a conference on a defined theme. When they are brought together and interpreted as a whole by Guyer, these varied essays show how an anthropological and socio-historical approach to economic practices—both in the West and elsewhere—can illuminate deep facets of economic life that the big theories and models may fail to capture. Focusing on economic actors—whether ordinary consumers or financial experts—Guyer traces how people and institutions hold together past experiences (legacies), imagined scenarios and models (logics), and situational challenges (logistics) in a way that makes the performance of economic life (on platforms made of these legacies, logics, and logistics) work in practice. Individual essays explore a number of topics—including time frames and the future, the use of percentages in observations and judgments, the explanation of prices, the coexistence of different world currencies, the reapplication of longtime economic theories in new settings, and, crucially, how we talk about the economy, how we use stable terms to describe a turbulent system. Valuable as standalone pieces, the essays build into a cogent method of economic anthropology.
Categories: Social Science

The Political Economy of Monetary Solidarity

The Political Economy of Monetary Solidarity

From the perspective of the political economy of monetary solidarity, the second puzzle is even bigger. ... The unified platform of payments in the EA was initially built against some resistance of member state authorities.2 But apart ...

Author: Waltraud Schelkle

Publisher: Oxford University Press

ISBN: 9780191027772

Category: Political Science

Page: 392

View: 665

Creating the European monetary union between diverse and unequal nation states is arguably one of the biggest social experiments in history. This book offers an explanation of how the euro experiment came about and was sustained despite a severe crisis, and provides a comparison with the monetary-financial history of the US. The euro experiment can be understood as risk-sharing through a currency that is issued by a supranational central bank. A single currency shares liquidity risks by creating larger markets for all financial assets. A single monetary policy responds to business cycles in the currency area as a whole rather than managing the path of one dominant economy. Mechanisms of risk-sharing become institutions of monetary solidarity if they are consciously maintained, but they will periodically face opposition in member states. This book argues that diversity of membership is not an economic obstacle to the success of the euro, as diversity increases the potential gains from risk sharing. But political cooperation is needed to realize this potential, and such cooperation is up against collective action problems which become more intractable as the parties become more diverse. Hence, risk-sharing usually comes about as a collective by-product of national incentives. This political-economic tension can explain why the gains from risk-sharing are not more fully exploited, both in the euro area and in the US dollar area. This approach to monetary integration is based on the theory of collective action when hierarchy is not available as a solution to inter-state cooperation. The theory originates with Keohane and Ostrom (1995) and it is applied in this book, taking into account the latest research on the inherent instability of financial market integration.
Categories: Political Science

Economic Secrets Surprises

Economic Secrets   Surprises

There are four very important reasons to read this book: First, you will learn about the strange new economy in which you live, and how it differs from what is usually described.

Author: Darryl J. Mitry, Ph.d.

Publisher: Createspace Independent Publishing Platform

ISBN: 1979832803

Category:

Page: 236

View: 303

There are four very important reasons to read this book: First, you will learn about the strange new economy in which you live, and how it differs from what is usually described. Second, you will learn how the economy in which you live actually works. The new economy operates as a digital Matrix. Third, you will be better informed and better able to make the correct lifelong decisions about choices you need to make in the Matrix economy. Fourth, you will see examples in this book that illustrate the economy of the U.S.A., but the lessons apply to all economies everywhere. In this small volume, a professor, with five decades of experience in business, economic research and teaching, explains insights and shows you how to find real answers. You are taken on a journey, frequently encountering surprising results. If you like surprises, you will definitely find a few in this book. If you like puzzles, you will encounter some very interesting economic puzzles here, and you will be able to determine the real solutions. You will also be able to identify the difficult strategic dilemmas facing everyone. Instead of false conclusions drawn from incorrect interpretation of theory, you can be armed with some real answers. You will be guided to discover the solutions to some very important issues and economic problems. Whether or not you have had previous courses in Economics, you will be able to understand the economic issues, questions, and answers presented in this book. Studying this book will allow you to determine a number of the better choices for national policy, and the best actions you can take for your own personal well-being. Many readers will be surprised to learn that what they thought they knew may not be true. No matter what your political persuasion, be it liberal or conservative, you may be shocked by some of the unexpected outcomes arising from government policies, business strategies, and corporate management. The author of this book hopes it can help kick-start a serious debate of the role for everyone as a vital link in the value of national economies. This book is also aimed at helping you to make sense of your own life in the current economic reality.
Categories:

The Law and Governance of Decentralised Business Models

The Law and Governance of Decentralised Business Models

... 'next step in the peer-to-peer economy'.1 Blockchain-based enterprises are a development from the platform economy, ... on their Internet-connected device contributes computational power towards the solving of cryptographic puzzles.

Author: Roger M Barker

Publisher: Routledge

ISBN: 9781000329643

Category: Law

Page: 326

View: 293

This book draws together themes in business model developments in relation to decentralised business models (DBMs), sometimes referred to as the ‘sharing’ economy, to systematically analyse the challenges to corporate and organisational law and governance. DBMs include business networks, the global supply chain, public–private partnerships, the platform economy and blockchain-based enterprises. The law of organisational forms and governance has been slow in responding to changes, and reliance has been placed on innovations in contract law to support the business model developments. The authors argue that the law of organisations and governance can respond to changes in the phenomenon of decentralised business models driven by transformative technology and new socio-economic dynamics. They argue that principles underlying the law of organisations and governance, such as corporate governance, are crucial to constituting, facilitating and enabling reciprocality, mutuality, governance and redress in relation to these business models, the wealth-creation of which subscribes to neither a firm nor market system, is neither hierarchical nor totally decentralised, and incorporates socio-economic elements that are often enmeshed with incentives and relations. Of interest to academics, policymakers and legal practitioners, this book offers proposals for new thinking in the law of organisation and governance to advance the possibilities of a new socio-economic future.
Categories: Law

Contract Law and the Legislature

Contract Law and the Legislature

17 N Oman, 'Reconsidering Contractual Consent: Why We Shouldn't Worry Too Much About Boilerplate and Other Puzzles' (2017) 83 Brooklyn Law Review 215. 18 Eg J Obar and A Oeldorf-Hirsch, 'The Clickwrap: A Political Economic Mechanism for ...

Author: TT Arvind

Publisher: Bloomsbury Publishing

ISBN: 9781509926114

Category: Law

Page: 488

View: 470

This volume revisits some of the key debates about the nature and shape of contract law, in light of the impact that statutes have had on its development. With contributions from leading contract law scholars, it fills a significant gap in existing theoretical and doctrinal analyses of contract law, which rely primarily on cases to put forward accounts of the general principles and structure of contract law. Statutory rules are, typically, seen as being specific instances of legal regulation that carve out exceptions to these general principles for specific reasons of policy. This treatment of these rules has resulted in an incomplete understanding of the nature of contract law and the principles that underpin it. By drawing specifically on contract statutes, the volume produces a more complete picture of modern contract law. A companion to the ground-breaking Tort Law and the Legislature: Common Law, Statute and the Dynamics of Legal Change (Hart Publishing, 2012) this collection will have a significant impact on the study of contract law.
Categories: Law

The Handbook of Economic Development and Institutions

The Handbook of Economic Development and Institutions

In terms of regulation, platformspecific regulation may involve limits on ownership by single companies/platforms ... One of the greatest puzzles in the political economy of development is why voters keep electing politicians that do ...

Author: François Bourguignon

Publisher: Princeton University Press

ISBN: 9780691191218

Category: Business & Economics

Page: 768

View: 257

"The essential role institutions play in understanding economic development has long been recognised and has been closely studied across the social sciences but some of the most high profile work has been done by economists many of whom are included in this collection covering a wide range of topics including the relationship between institutions and growth, educational systems, the role of the media and the intersection between traditional systems of patronage and political institutions. Each chapter covers the frontier research in its area and points to new areas of research and is the product of extensive workshopping and editing. The editors have also written an excellent introduction which brings together the key themes of the handbook. The list of contributors is stellar (Steven Durlauf, Throsten Beck, Bob Allen,and includes a diverse mix of Western and non Western, male and female scholars)"
Categories: Business & Economics

Industrial Organization and the Digital Economy

Industrial Organization and the Digital Economy

Finally, we draw some broad conclusions from the case studies, and leave some puzzles for future research. ... Overview of computer systems Platform Examples Complements Examples Computers Windows, MacOS, Applications Acrobat, Quicken, ...

Author: Gerhard Illing

Publisher: MIT Press

ISBN: 9780262090414

Category: Business & Economics

Page: 307

View: 724

Theoretical and factual studies of ways that the rapidly evolving digital economy has changed the structure of different industries, focusing on the software and music industries.
Categories: Business & Economics

Unbound

Unbound

Gauti Eggertsson, Jacob Robbins, and Ella Getz Wold, all at Brown University, find that a rise in the market power of firms can explain a number of puzzles in the current economy. These include firms having a lot of financial wealth but ...

Author: Heather Boushey

Publisher:

ISBN: 9780674919310

Category: Business & Economics

Page: 272

View: 975

Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.
Categories: Business & Economics

A Home Party Platform

A  Home  Party Platform

For , if the three puzzles mentioned earlier have been unraveled , if resolve is certain beyond the sudden urge to ... Key # 1 : Urban / Rural Balance The first of our three keys unlocks the puzzle that is our domestic economy .

Author: Jared Scarborough

Publisher:

ISBN: IND:39000004665720

Category: United States

Page: 154

View: 681

Categories: United States

Congressional Record

Congressional Record

As an proposed law against mailing dirty books to who are poor or from minority groups . economics professor , Burns in the past has ... So one of the puzzles over the credibility gap about politics and gov- poor nations in the world ?

Author: United States. Congress

Publisher:

ISBN: MSU:31293011645383

Category: Law

Page:

View: 566

The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
Categories: Law

Handbook of Research Methods and Applications in Urban Economies

Handbook of Research Methods and Applications in Urban Economies

... Satellite industrial platforms Large externally owned and Moderate to high scale economies headquartered firms Key ... Finally, there is the study by Ann Markusen in which the author puzzles “why certain places are able to sustain ...

Author: Peter Karl Kresl

Publisher: Edward Elgar Publishing

ISBN: 9780857934628

Category: Social Science

Page: 525

View: 358

'I highly recommend students, teachers and researchers to enjoy reading this set of excellent papers.' – Boris Graizbord, El Colegio de México, Mexico 'It is obvious that cities have long been the focus if analysis by the scholars and practitioners whose writings published in the Kresl-Sobrino Handbook of Research Methods and Applications in Urban Economies. The depth and excellence of the numerous topics examined reflects effective networking between the scholars involved, their analyses of approaches, problems and potentials of cities on the numerous continents, and the continuing role of the Global Urban Competitiveness Project in encouraging the development of methodologies and data helpful in understanding the hard and soft determinants of the growth and decline of cities.' – Pierre-Paul Proulx, Université de Montréal, Canada 'This collection of essays provides a rich assortment of methods used to investigate the complex economic, social, environmental, demographic and political systems in cities throughout the world. It gives researchers, lecturers and students a useful taste of the different ways of studying these phenomena in diverse urban settings.' – Ivan Turok, University of Glasgow, UK In this timely Handbook, seventeen renowned contributors from Asia, the Americas and Europe provide chapters that deal with some of the most intriguing and important aspects of research methodologies on cities and urban economies. The Handbook comprises five parts: methodology, continental distinctions, positioning cities, planning for the future, and urban structures. The 'methodologies' section includes interviews, empirical and theoretical approaches whilst 'continental distinctions' offers contributions on China, North America, Europe, Latin America and South Africa. 'Positioning' treats cities in the international context and relates them to economic and administrative spaces whilst 'planning' includes general strategic economic planning, as well as the experience of individual cities. Finally, the 'structures' section refers to contextual and situational aspects of urban development. Providing a comprehensive study of urban development and competitiveness, this Handbook will strongly appeal to students wishing to gain a deeper understanding of research methods in urban economics, urban studies and planning.
Categories: Social Science

Strengthening Our Economy

Strengthening Our Economy

Policy Options to Implement the SAFE Loan Plan We need a plan that will solve two puzzles : First , how can the ... One possibility is for the Treasury Department to establish an auction or similarly transparent market platform for the ...

Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Publisher:

ISBN: UOM:39015090376552

Category: Community development

Page: 158

View: 351

Categories: Community development

House of Commons Culture Media and Sport Committee Supporting The Creative Economy Volume I HC 674

House of Commons   Culture  Media and Sport Committee  Supporting The Creative Economy   Volume I  HC 674

But also it seems sales you are solving puzzles and problems . You are have slowed down a bit , platform sales are slowing learning about choice and consequence . You are down . learning about intuitive learning .

Author: Great Britain: Parliament: House of Commons: Culture, Media and Sport Committee

Publisher: The Stationery Office

ISBN: 0215062442

Category: Business & Economics

Page: 422

View: 873

This report warns that the extraordinary success of the UK's creative industries may be jeopardised by any dilution of intellectual property rights and the failure to tackle online piracy. The Committee also strongly condemns the failure of Google in particular to tackle access of copyright infringing websites through its search engine. Such illegal piracy, combined with proposals arising from the Hargreaves review to introduce copyright exceptions, and a failure to strengthen copyright enforcement as envisaged by the Digital Economy Act 2010, together threaten the livelihoods of the individuals and industries that contribute over £36 billion annually to the UK economy. Also, the Olympics No Marketing Rights scheme is excessively restrictive and is preventing British creative companies from realising the benefits they deserve from the Olympic legacy. The Committee calls for: a central champion of Intellectual Property in Government to promote and protect the interests of UK intellectual property; the maximum penalty for serious online IP theft to be increased to 10 years imprisonment, in line with the punishment for such offences in the physical world; more evidence and scrutiny before any exceptions to copyright such as those suggested by Hargreaves are applied; redoubled efforts to ensure that the video games tax credit is approved by the European Commission and introduced as soon as possible; reforms to the income tax and tax reliefs systems to recognise adequately the freelance nature of much creative work; greater recognition of the importance of arts subjects in the curriculum.
Categories: Business & Economics