By Kung-Chung Liu, Uday S. Racherla
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Significant alterations have happened within the previous few years within the equipment of slicing and production outerwear. mild garments businesses are actually production those heavy clothing end result of the improvement of fusible interlinings and new production innovations that have ended in the deskilling of conventional tailoring equipment.
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Extra info for Innovation and IPRs in China and India: Myths, Realities and Opportunities (China-EU Law Series)
Finally, IPRs could enhance the market capitalization of the firm, acting as strategic signals of the strengths of the firm (Rivette and Kline 2000a, b). This may also help the firm to attract more capital from investors and shareholders. Thus, patents may serve as indicators of firm’s value. Interestingly, however, the critics of IPRs strongly believe that IPRs actually hinder innovation and contribute to too many negative effects. In fact, one of the researchers from Michigan, USA, reported empirical studies in the 1990s to show that IPR protection is not a reliable mantra for promoting either innovation or wellbeing of all the people in the world (Deardorff 1992).
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The present paper builds a cogent theory in support of this hypothesis and cites evidence to support it. 2 Discussion There has always been a debate among the researchers, practitioners, and policy makers regarding whether IPRs actually help or hurt innovation. 1 The ESA-USPTO Study The US Economics and Statistics Administration (ESA) and the US Patent and Trademark Office (USPTO) reported a pioneering research study on the impact of various forms of IPRs – namely, patents, trademarks, and copyrights – on innovation and creativity and other major benefits such as GDP growth and employment (ESA-USPTO Study 2012).