In an opening vignette to an otherwise insightful article, Carol M. Rose (2003) comparespeople who hold intellectual property rights to poor villagers in India. They put effort and timeinto developing small but productive properties, only to have the wild tiger or rogue elephant ofthe public domain trample them or eat them up. In extreme cases, IP "villages" are abandonedand left to "the jungle" of public property.

Dealing with private property for public purposes : an interdisciplinary study of land transactions from a micro-scale perspective

SUMMARY: Despite a centralized political system, nation-wide legal reforms, and similar high housing demand pressures, property rights have evolved differently in Vietnam’s two leading cities Hanoi and Ho Chi Minh City during the transition period. Using ethnographic fieldwork and a hedonic price model, the study shows that the two land and housing markets price tenure ambiguity differently. The different price structures indicate the importance of norms, as socially constructed by local political interests and culture, in the efficacy of land title regularization programs.

Understanding stakeholder power relations—such as between land sellers, land buyers, and local governments—is crucial to understanding Land Value Capture (LVC). While scholars have focused on stakeholder relationships through approaches such as stakeholder salience, stakeholder interaction, stakeholder value network, and stakeholder multiplicity, much research either places insufficient focus on power or only stresses partial attributes of power. As a result, the role of power relations among key stakeholders in LVC remains insufficiently explored.