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Patents are widely used in the literature as a measure of firm-level innovation. It is regarded that patents improve a firm's operational environment and ultimately increase the value of the firm. However, the relationship between patents and firm value in Korea is under-explored in the...
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standards for them, and the applicable factors to be considered that were provided with respect to the exercise of patent rights … scope of legitimate exercise of patent rights and limitations on the Monopoly Regulation and Fair Trade Act (“MRFTA …, there is a risk of excessive enforcement of the law. Secondly, in order to regulate non-disclosure of related patent …
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