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A trend running diametrically opposed to the expansion of Intellectual Property Rights (IPR) is the increasing awareness that dominant positions sustained by IPR may be mitigated through exemptions and statutory or compulsory licences. It is argued that there are compelling economic reasons to protect valuable assets that are prone to copying, but that there are equally compelling reasons to limit...
This paper discusses, first, the properties of scientific and technological knowledge and the institutions supporting its generation and its economic applications. The evidence supports the broad interpretation that we call the ‘Stanford–Yale–Sussex’ synthesis. Second, such patterns yield important implications with respect to the so-called ‘European Paradox’, i.e. the conjecture that EU countries...
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