Skip to main content
The Economic Value of Property Rights Concepts in Spectrum, Both With and Without Licenses
(John Lamb/Getty Images)
(John Lamb/Getty Images)

The Economic Value of Property Rights Concepts in Spectrum, Both With and Without Licenses

Harold Furchtgott-Roth

If concepts of property rights in licensed spectrum contribute substantially to economic value of applications of that spectrum, it would stand to reason that spectrum with lesser or even no property rights would have applications with lesser economic value. A natural economic experiment follows: is licensed spectrum associated with higher economic value and higher valued applications than spectrum without licenses?

Licensed spectrum has enormous economic value in the United States. But, importantly, as we will see in this report, spectrum without licenses has large and rapidly growing value.

View PDF

Related Articles

Hudson Institute Honors Neal & Linden Blue with 2021 Herman Kahn Award

Hudson Institute

On October 19, 2021, Hudson Institute honored Hudson Trustee Linden Blue and Neal Blue with the 2021 Herman Kahn Award, in recognition of their contri...

Continue Reading

Why China Is Winning the War for High Tech

Arthur Herman

"China Demonstrates Most Powerful Quantum Computer.” That was the headline from the Australian scientific journal Cosmos this July, which came w...

Continue Reading

Powering Innovation: A Strategic Approach to America’s Advanced Battery Technology

Nadia Schadlow et al.

Changing consumer preferences and government policies point toward widespread future adoption of electric vehicles (EVs). Advanced lithium batteries a...

Continue Reading