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Intellectual property rights protection and endogenous economic growth

✍ Scribed by Yum K. Kwan; Edwin L.-C. Lai

Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
286 KB
Volume
27
Category
Article
ISSN
0165-1889

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Transitory real-time property rights and
Transitory real-time property rights and exchange intellectual property
✍ Robert I. Webb πŸ“‚ Article πŸ“… 2003 πŸ› John Wiley and Sons 🌐 English βš– 125 KB

## Abstract American exchanges own the price quotations they generate. Access to real‐time price information is highly valued by most market participants. This enables exchanges to exact royalties from the sale of such market information. In this sense, an exchange's ownership of its price quotatio