The Knockoff Economy: How Copying Benefits EveryoneYouTubeOct. 23, 2012 |
Claim Jewish Student Was 'Stabbed In The Eye' by Pro-Palestine Protester Draws Mockery After Video Released
Mike Johnson Pushes Debunked Lie That Israeli Babies Were 'Cooked in Ovens' On October 7
Senate Passes $95B Giveaway to Israel, Ukraine, and Taiwan, Combined With TikTok Ban
'These Protesters Belong in Jail': Gov. Abbott Cheers Arrest of Pro-Palestine Protesters at UT Austin
'It Has to Be Stopped': Netanyahu Demands Pro-Palestine Protests at U.S. Colleges Be Shut Down
What do you think of copy-cats? Are they stealing property from the creator? Co-author of the book, The Knockoff Economy, Kal Raustiala, says no. "A lot of innovation grows out of imitation," Raustiala tells Reason TV's Paul Detrick. "So it's not so much riding on the coattails as it is standing on the shoulders." Raustiala and Christopher Sprigman write in their book that when you look at the inner workings of football, fashion, food, as well as many other industries: When people have the freedom to knockoff or copy items, creators and consumers benefit. "Every time a college coach or a pro coach comes up with a new formation, that is going to be copied, if it's successful, by their opposition," says Raustiala. About 9:23 Shot by Sharif Matar and Mark Wagner. Edited by Paul Detrick |