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Introduction
Pages 65-67

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From page 65...
... As multinational corporations increasingly conduct their manufacturing and marketing activities across borders, international protection of intellectual property is becoming more and more important to them. Increased reliance on strategic alliances and joint ventures has also increased the importance of intellectual property protection, which enables firms to share their technology with partners without losing control of it.
From page 66...
... As long as the developing countries had little technological capability, firms in industrialized countries tolerated weak {PR regimes in those nations because losses due to unauthorized use of intellectual property were low. As the technological capability of developing countries grew to the point that some could quickly copy advanced technology and manufacture high-technology products efficiently, the losses to firms in industrialized countries began to grow and the governments of those countries began to pressure the developing countries to enact and enforce stronger {PR systems.
From page 67...
... He also summarizes what is known about the economic effects of weak protection on innovating firms in terms of lost revenue and investment opportunities and the relationship between IPR protection and the rate of technological innovation. Professor Mansfield articulates the central premise of one side of the IPR debate: If intellectual property rights were weakened considerably, it could have unfortunate consequences.


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