Alex Tabarrok has a nice post at Marginal Revolution about the actual problems in worldwide vaccine supply, involving congested supply chains much more than protected intellectual property.
Thursday, May 6, 2021
Tuesday, December 22, 2020
The market for music rights--all Bob Dylan's songs
The NY Times has the story:
"The deal, which covers Dylan’s entire career, from his earliest tunes to his latest album, “Rough and Rowdy Ways,” was struck directly with Dylan, 79, who has long controlled the vast majority of his own songwriting copyrights.
"The price was not disclosed, but is estimated at more than $300 million.
...
"Music publishing is the side of the business that deals in the copyrights for songwriting and composition — the lyrics and melodies of songs, in their most fundamental form — which are distinct from those for a recording. Publishers and writers collect royalties and licensing fees any time their work is sold, streamed, broadcast on the radio or used in a movie or commercial.
...
"Streaming has helped lift the entire music market — publishers in the United States collected $3.7 billion in 2019, according to the National Music Publishers’ Association — which has drawn new investors attracted to the steady and growing income generated by music rights.
"Dylan’s deal includes 100 percent of his rights for all the songs of his catalog, including both the income he receives as a songwriter and his control of each song’s copyright. In exchange for its payment to Dylan, Universal, a division of the French media conglomerate Vivendi, will collect all future income from the songs."
Thursday, January 19, 2017
Trade secrets: obstetric forceps
The Family of Surgeons That Got Famous by Secretly Using Forceps
The metal tools have saved many lives since the 1500s, but they’ve also come to reflect slow progress in women’s health care.
"Obstetric forceps were invented in the mid-1500s, when bloodletting was still a common medical practice. They predate the stethoscope and the germ theory of disease. They were also, for many years, a closely held trade secret. For more than three generations, as Randi Hutter Epstein writes in Get Me Out: A History of Childbirth from the Garden of Eden to the Sperm Bank, they were used exclusively by a single family of indifferently educated surgeons, the Chamberlens, who hid the steely secret of their success.
The Chamberlens and their forceps ended this ongoing zero-sum tragedy, and became famous as the best “man-midwives” in England. To maintain their reputation and boost their business, however, they concealed their forceps in medical bags and under surgical draperies. Not until the 1700s did they release the design of their invention, and the original instruments remained within the family until 1813, when a pair of Chamberlen forceps was discovered under the floorboards of a country mansion where the family once lived."
...
"
Wednesday, August 25, 2010
Intellectual property as trade secrets
"The company that owns the Thomas’ brand says that only seven people know how the muffins get their trademark tracery of air pockets — marketed as nooks and crannies — and it has gone to court to keep a tight lid on the secret.
That leaves one of the seven, Chris Botticella, out of a job — and at the center of a corporate spectacle involving top-secret recipe files, allegations of clandestine computer downloads and an extreme claim of culinary disloyalty: dumping English muffins for Twinkies and Ho Hos.
Mr. Botticella, 56, delved into the mystery of Thomas’ muffinhood (hint: it has nothing to do with the fork), after Bimbo Bakeries USA bought the brand early last year. At the time, Mr. Botticella was a Bimbo vice president in charge of bakery operations in California.
But he left the company in January, apparently allowing co-workers to believe he was retiring. But he had accepted a job with the rival baker Hostess Brands, which years ago had tried to crack the muffin code.
Bimbo obtained a federal court order barring the move, and late last month an appeals panel in Pennsylvania upheld the order."
...
"Neither Mr. Botticella nor a Bimbo spokesman would comment for this article, but the legal papers in the case suggest a muffin culture more reminiscent of Langley than Drury Lane. Recipe manuals are called code books. Valuable information is compartmentalized to keep it from leaking out. Corporate officials speak of sharing information on a “need-to-know basis.”
According to Bimbo’s filings, the secret of the nooks and crannies was split into several pieces to make it more secure, and to protect the approximately $500 million in yearly muffin sales. They included the basic recipe, the moisture level of the muffin mixture, the equipment used and the way the product was baked. While many Bimbo employees may have known one or more pieces of the puzzle, only seven knew every step.
“Most employees possess information only directly relevant to their assigned task,” Daniel P. Babin, a Bimbo senior vice president, said in a written court declaration, “and very few employees, such as Botticella, possess all of the knowledge necessary to produce a finished product.” "
Tuesday, June 29, 2010
Espionage: the market for secret information
"They had lived for more than a decade in American cities and suburbs from Seattle to New York, where they seemed to be ordinary couples working ordinary jobs, chatting to the neighbors about schools and apologizing for noisy teenagers.
"But on Monday, federal prosecutors accused 11 people of being part of a Russian espionage ring, living under false names and deep cover in a patient scheme to penetrate what one coded message called American “policy making circles.” "
The story in the Harvard Crimson adds an interesting detail: Kennedy School Grad Arrested in Russian Spy Raid.
"Called the “Boston Conspirators” in a complaint filed in the U.S. District Court for the Southern District of New York, Heathfield and Foley are alleged to have met with a “former legislative counsel for US Congress” and a “member of faculty in economics.” The documents redacted the affiliation of the faculty member."
It's true that the publication process in Economics is ridiculously slow, but I thought the internet had removed the need for cells of long term sleeper spies to find out what's in our working papers...