An Exploration into the Propertyness and nature of Information with Legal and Economic Viewpoint

The strategic role of information in generating wealth and power, is of great importance in the current world. Therefore, a massive data transfer cycle has been created. One of the ways to do contractual transfer can be the trading of information and data. But, the authenticity of such transactions depends on proving the propertyness of information. Because it is property which can be the subject of transactions. Therefore, in the present paper, benefiting from economic approaches (especially the economics of information) and legal rules governing the propertyness of objects, we tried to investigate the propertyness of information and some of the issues surrounding it such as; the legal nature of information. In this regard, we emphasized that information is not only an instance of property, but also a separate form of property, unless it takes on an innovative or creative form, in which case it will be among intellectual properties.