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Wednesday, July 13, 2005

An economic theory of OA to research literature

Brett M. Frischmann, An Economic Theory of Infrastructure and Commons Management, University of Minnesota Law Review, 89 (2005) pp. 917-1030. (Thanks to David Bollier.) This excerpt truncates a complex article in order to focus on OA to scientific research literature:
My thesis is that if a resource can be classified as infrastructure according to the economic criteria set forth in Part II of this Article, then there are strong economic arguments that the resource should be managed in an openly accessible manner....[The criteria are:] (1) The resource may be consumed nonrivalrously; (2) Social demand for the resource is driven primarily by downstream productive activity that requires the resource as an input; and (3) The resource may be used as an input into a wide range of goods and services, including private goods, public goods, and nonmarket goods....Consider, for example, basic research. What makes basic research valuable to society? Again, like a road system (and a lake), basic scientific research is socially valuable primarily because of what it facilitates downstream --how it can be used to produce further research. It satisfies all three criteria in the public infrastructure: It is nonrival; it creates benefits or value primarily because of the downstream uses, which generally involve the production of additional public goods (e.g., information, knowledge, and learning); and, by definition, there is wide variation in downstream uses. It is difficult to estimate the social value of basic research, primarily because of the wide variety of downstream uses that generate public goods and uncertainty with respect to future directions that the cumulative productive processes may go.286 Nonetheless, as with many traditional infrastructures, it is well recognized that basic research contributes significantly to economic growth and social welfare....For basic research, however, coupling government funding with a clear dedication to the public domain remains a potentially attractive method for sustaining a commons that relies on neither the government nor the market mechanism to allocate access among the public.