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This essay calls for experts’ opinions, ideas, and proposals on fundamental concepts of Intellectual Property Currency in international macroeconomics. The notions may include global reserve assets, a solution to the monetary trilemma, and asymmetric monetary adjustment with managed floating...
Persistent link: https://www.econbiz.de/10013291972
This essay theoretically predicts how a novel currency proposed to enhance the creation and implementation of intellectual properties would act as monetary measures. To this end, the earlier part briefly reviews the proposal, followed by introducing concepts of a canonical ensemble of the...
Persistent link: https://www.econbiz.de/10013298281
This essay places the second version of the blueprint for the Intellectual Property Currency (IPC), in which we have updated the first one with more detailed descriptions in depth. The IPC would be issued by the International Central Bank for Intellectual Property (ICB/IP) upon request when the...
Persistent link: https://www.econbiz.de/10013405587
The previous studies have designed a novel financial mechanism ensuring others access and exploit intellectual capital while protecting the right holder’s profit. By the mechanism, the national central bank would fund the production and implementation or adoption of intellectual capital, e.g.,...
Persistent link: https://www.econbiz.de/10014257099