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Patent law is crucial to encourage technological innovation. But as the patent system currently stands, diverse … differently. The result is a crisis in the patent system, where patents calibrated to the needs of prescription drugs wreak havoc … of Chicago Press, courts should use the tools the patent system already gives them to treat patents in different …
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This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
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