1. HIIT Digital Economy (DE) Jukka Kemppinen, Olli Pitkänen

2. 2 Current Status The group’s strengths incl. especially issues in IPR, DRM, open source licensing, information society models, security, trust, and privacy. Scientific, industrial and societal impact Co-operation and personnel mobility with other institutes, esp UCB (SIMS), and Lappeenranta U of T Group Members –Professor Jukka Kemppinen, responsible leader –Olli Pitkänen, program coordinator –Dr Pekka Himanen, Dr. Perttu Virtanen, Aura Soininen, Tommo Reti, Juho Heikkilä, Yki Kortesniemi, Katri Ylitalo, Ville Oksanen, Herkko Hietanen, Pekka Kanerva, Juha Päivärinta; and ”hang-arounds”

3. 3 Why Digital Economy? ICT and its applications not isolated from the society Technologies enable societal development, but also the society enables certain technologies and hinders others –“technology-neutral” legal system is an illusion –economic laws define which applications succeed –moral rules and human behavior decide how the applications are used –fundamental rights and needs (like privacy) cannot be ignored, but they may boost suitable products and services To succeed in IT research, it is mandatory to take these perspectives into account

4. 4 Future research directions Communities, their legal essence, economic incentives, operational modes, rules that affect them Security, privacy, and trust, as well as economics in communities and P2P communications P2P and multi-channel distribution of digital goods, rights management, and pricing models Legal challenges in forthcoming IT business models Upcoming and strengthening research issues include legal and socio-economic problems in the areas like data mining and search engines, bioinformatics, adaptive and ubiquitous computing, user studies and communities  increasing co-operation with other HIIT groups