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http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1634126From the abstract:"Originally advanced by publishing industry lobbying groups, theprevailing account of mass book-digitization projects is thatthey will devastate authors and publishers, just as Napster andits heirs have supposedly devastated musicians and music labels.Using the impact of GBS on the revenues and operating incomes ofU.S. publishers believing themselves to be the most-affected byit, this Article finds no evidence of a negative impact uponthem. To the contrary, it provides some evidence of a positiveimpact, and proposes further empirical research to identify themechanisms of digitization's economic impact."