Mayer-Schönberger on Obstacles to Innovation in Online Legal Information Markets

Professor Viktor Mayer-Schönberger of the National University of Singapore’s Lee Kuan Yew School of Public Policy has written an interesting post on obstacles to innovation in the markets for online legal information, entitled Venture Capital & Peer Production, at VoxPopuLII.

Professor Mayer-Schönberger argues that risk and cost factors, user preferences, and the relatively small size of the legal information market, all discourage innovation. Professor Mayer-Schönberger concludes by advocating open source peer production of new software for the legal information market, and identifying roles for users, software designers, and existing software tools in such production.

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