Pervasive informational goods marketplaces

The online world continues to unleash an immense innovation machine where anyone, anywhere can create, share and add economic value through informational goods such as software, videos and music. In simple terms, an information good is a type commodity whose main market value is derived from the information it contains.  Extensive academic literature has been written on the subject, its behaviours and unique properties.[1] Informational goods typically exhibit several key economic value characteristics. Namely they are:

1. Made by human brains

2. Made of pliable symbols

3. Consumption by one human does not exclude consumption by another

4. Almost costless to reproduce
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