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This paper finds that the shift from buying music as a physical product towards subscribing to music services implies a decrease of 85 percent in the price paid per song. We estimate that in 2019 the global quality adjusted value from streamed music was $76 billion compared to current revenues...
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This note reports on collaboration between Imperial College, the Office for National Statistics (ONS), the Intellectual Property Office (IPO), and industry sources to improve measurement of UK investment in artistic originals. We focus on creation of long-lived artistic original assets protected...
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This report estimates:(a) The level of UK market sector investment in knowledge assets protected by Intellectual Property Rights (IPRs) and(b) The impact of investment in those assets via their contribution to labour productivity growth in the UK market sector. Estimates for investment and the...
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