EDUCAUSE Live!
February 1, 2008 1:00 p.m. ET (12:00 p.m. CT, 11:00 a.m. MT, 10:00 a.m. PT); runs one hour
Copyright Fair Use and the Economy
The copyright legislative process in Washington traditionally focuses
on increasing the protection provided to copyrights, based on the
assumption that this will strengthen the economy. Recent research,
however, indicates that exceptions to copyright protection also promote
innovation and are a major catalyst of U.S. economic growth. Specific
exceptions to copyright protection under U.S. and international law,
generally classified under the broad heading of fair use, are vital to
many industries and stimulate growth across the economy. In fact,
business enterprises that benefit from fair use generate substantial
revenue, employ millions of workers, and, in 2006, represented
one-sixth of total U.S. gross domestic product. This economic research
suggests that future copyright legislation needs to account for these
important limitations if the policy-making process is to stimulate
growth.
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