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Concept information

Preferred term

data and software licenses  

Definition

  • In an information economy, value is ascribed to intangible products that exist in computers simply as “bits” representations of 1 and 0. Bits can be stored, reproduced, and moved at almost no cost, so the normal rules of economics, based on the scarcity of material goods, do not apply. [Source: Encyclopedia of Geographic Information Science; Licenses, Data and Software]

Broader concept

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URI

https://concepts.sagepub.com/social-science/concept/data_and_software_licenses

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