In 2002, a number of associations requested the Korean Patent Office to issue a compulsory license for the manufacture of a drug under the Korean patent provision which permits the issue of compulsory licensing for public non-commercial use. This provision in the Korean patent act was introduced...

The TRIPS Agreement recognizes abuses inherent in the IP monopoly along with the fact that competition policy plays a significant role in dealing with such abuses. The relationship of competition policy with intellectual property rights has three important dimensions: (a) where the abuse...

In 2002, a number of associations requested the Korean Patent Office to issue a compulsory license for the manufacture of Gleevec, a drug under Novartis' patent under the Korean patent provision which permits issue of compulsory licensing for public non-commercial use. This provision in the...

The Argentina-US Mutually Agreed Solution is not for the first time when this provision of the Dispute Settlement Understanding has been used to settle the disputes but the circumstances under which this provision was used and the provisions which have been incorporated in the Argentina-US...

A long series of studies have shown that it is the institutions that are responsible for various developmental progress. A large number of empirical analysis ranging from firm level to country level suggests that there is a very close and positive link between the functioning of the financial...

This paper compares the operative performances of the banking institutions in China and India, taking into account the contentious issue of institutional differences in the banking sectors of these two economies, as reflected in the generation of non-performing loans. The study also examines the...

A socially desirable number of royalties-paying users of a state-owned broadcasting spectrum is derived within an optimal control framework where the adjustment of the number of users to above-normal profits is adversely affected by sunk costs. The optimal control takes into account the tradeoff...

Australia’s commitment to the Vietnam War drew on the selective conscription of additional manpower through 16 biannual ballots. 20-year-old men were liable to serve if their date of birth was drawn out. The random nature of the ballot was seen as an equitable method of selection for a system...