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Intellectual capital, as opposed to traditional conceptions of intellectual property, is neither as simple to define nor as straightforward to protect and regulate. As companies in the financial services sector attempt the efficient management of increasingly voluminous and strategically important information and knowledge, governance mechanisms currently available in the Canadian context have not kept pace. / This thesis is at once a retrospective and prospective examination of the regulation and control of intellectual capital. The first two substantive sections of this thesis are primarily definitive and contextualizing---first defining the nature of contemporary legal and managerial concepts of intellectual capital and property, then examining the varied legal frameworks from which an intellectual capital governance scheme is distilled. The final chapter attempts a synthesis of these definitions and legal approaches to the governance of intellectual capital. The keystones of this synthesis are twofold: first, uniform Canadian legislation; and second, a more focused incorporation of 'property rights' in intellectual capital.

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This study investigates a broad range of factors which might be thought to influence the employment earnings of Canadian males. Micro-data drawn from the 1971 census are analysed, using as a frame of reference the human-capital model derived, and implemented for the United States, by Jacob Mincer. Opening discussion furnishes a detailed critique of the model itself, and of the auxiliary hypotheses required to make it perform empirically. Particular emphasis is laid upon the implicit assumption of perpetual long-run equilibrium and upon the neglect of variables arising on the demand side of the labour market. Generally, it is argued that although the human-capital paradigm may serve as a framework for empirical description, it is inadequate as a scientific theory because it fails to generate a wide array of hypotheses which are clearly susceptible to falsification. Earnings functions are estimated by ordinary least squares for a sample of almost 23,000 out-of-school males who worked, mainly in the private sector, at some time during 1970. Results yielded for Canada by the human-capital specification are compared with those reported by Mincer. The regressions are then expanded to include variables such as industry, region, and occupation, together with other personal attributes. These are found to rival the importance of the orthodox human-capital variables. Contrary to United States results, the elasticity of earnings with respect to weeks (or hours) worked is less than unity. In light of recent analyses which make human-capital investment and labour supply objects of simultaneous decision within a life-cycle context, further investigation is carried out using a simplified, two-equation, linear model in which earnings and hours are both endogenous. Estimates performed by the method of three-stage least squares indicate an elasticity of earnings with respect to hours considerably in excess of unity. However, within particular regional and industrial categories, wages and hours tend to be offsetting. Schooling coefficients, or "rates of return," fall in the 5.25-6.50% range. / Arts, Faculty of / Vancouver School of Economics / Graduate

Résumé 1. Des observations trimestrielles des six grandes banques canadiennes entre 1982 et 2009 ont été utilisées pour tester les changements induits par la réglementation du capital et l'acte de décloisonnement de 1987 sur le risque, le capital et les revenus autres que les intérêts. Une étude événementielle avec une approche simultanée était mise en place. Nous avons constaté une augmentation des revenus autres que les intérêts dans les revenus des banques commerciales suite à leurs acquisitions des compagnies de courtage. Toutefois, cette augmentation n'a pas impliqué une substituabilité avec les revenus d'intérêt. Parallèlement, avec des régressions de moindres carrés sur trois étapes, nous avons montré que les banques recourent aux activités non traditionnelles pour contrecarrer les restrictions des réglementations de Bâle. Finalement, bien que ces activités améliorent la performance globale de la banque, cependant elles augmentent simultanément l'exposition au risque total. / Résumé 2. Ce travail ressort quelques évidences sur le coussin de capital, le risque et l'efficience sous l'effet des cycles économiques. Il se base sur des observations trimestrielles des grandes banques canadiennes entre 1982 et 2009. Notre analyse montre que les banques sont incitées à constituer un coussin de capital supplémentaire en phase d'expansion pour éviter le manque de capital et la détérioration de l'efficience en phase de contraction. Nous avons montré que seuls les revenus autres que d'intérêt qui pourront assurer une performance excédentaire en cas de crise, suite à un ajustement positif du coussin. Nous avons trouvé, également, que le coût d'opportunité de détention de ce dernier est généralement inférieur à la valeur actuelle de ses rentes économiques futures. En plus, nous avons rejoint la littérature qui étudie la contracyclicité du coussin de capital et son rôle dans l'atténuation de la procyclicité du capital et les activités de crédit.