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1 results

  • 1 - The Contribution Good as the Foundation of the Industrial Revolution

  • Edited by Erwin Dekker, Pavel Kuchař, King's College London
  • Book:
    Governing Markets as Knowledge Commons
    Published online:
    09 December 2021
    Print publication:
    16 December 2021, pp 19-57

  • Summary

    The Industrial Revolution cannot readily be modelled if research is treated as a public, private or club good. Recent work on the knowledge commons and on ‘network’ and ‘anti-rival’ goods has offered more promising perspectives, but we have proposed that research is most suitably considered as a novel good, namely a ‘contribution good.’ A contribution good is a non-depletable good jointly available only to those who have contributed to its creation. Here we show that the Industrial Revolution, and some of the institutional developments that accompanied it, conform well with a contribution good model of technical change.