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The Impact of the Patent System on Research Investment for
The Impact of the Patent System on Research Investment for

... Korea Case: Patents and Infrastructure • Increase in R&D between 1986 - 1998 • 1986 - 1.35 % of sales vs. 1998 - 2.17 % • These increases due to stronger IP and reduction in barriers to foreign entry and ownership • Still much less expenditure than in India, EU and US companies ...
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... saving in the United States would help reduce global current account imbalances and thus the cost of the inevitable adjustment. Similarly, accelerating growth in the euro area and Japan would in turn boost prospects for emerging market and developing countries, as well as alleviate global imbalances ...
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... Regarding the 3-percent target the economic rationale for government involvement in R&D expenditures is more and more at the center of policy concern. For years economists have investigated the influence of public subsidies on private R&D expenditures. However, government policies to subsidize priva ...
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... Regarding the 3-percent target the economic rationale for government involvement in R&D expenditures is more and more at the center of policy concern. For years economists have investigated the influence of public subsidies on private R&D expenditures. However, government policies to subsidize priva ...
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End of event wrap up

... education, health, transport and housing. These programmes were financed partly through the revenues from natural resource extraction and partly through federal funds, which the state was able to attract thanks to well-conceived action plans. Mr Singh is from rural Bihar but he was quick to note th ...
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Chinese economic reform



The Chinese economic reform (simplified Chinese: 改革开放; traditional Chinese: 改革開放; pinyin: Gǎigé kāifàng; literally: ""Reform & Opening up"") refers to the program of economic reforms called ""Socialism with Chinese characteristics"" in the People's Republic of China (PRC) that was started in December 1978 by reformists within the Communist Party of China (CPC) led by Deng Xiaoping.China had one of the world's largest and most advanced economies prior to the nineteenth century. In the 18th century, Adam Smith claimed China had long been one of the richest, that is, one of the most fertile, best cultivated, most industrious, most prosperous and most urbanized countries in the world. The economy stagnated since the 16th century and even declined in absolute terms in the nineteenth and much of the twentieth century, with a brief recovery in the 1930s.Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses. However, most industry remained state-owned. The second stage of reform, in the late 1980s and 1990s, involved the privatization and contracting out of much state-owned industry and the lifting of price controls, protectionist policies, and regulations, although state monopolies in sectors such as banking and petroleum remained. The private sector grew remarkably, accounting for as much as 70 percent of China gross domestic product by 2005. From 1978 until 2013, unprecedented growth occurred, with the economy increasing by 9.5% a year. The conservative Hu-Wen Administration more heavily regulated and controlled the economy after 2005, reversing some reforms.The success of China's economic policies and the manner of their implementation has resulted in immense changes in Chinese society. Large-scale government planning programs alongside market characteristics have minimized poverty, while incomes and income inequality have increased, leading to a backlash led by the New Left. In the academic scene, scholars have debated the reason for the success of the Chinese ""dual-track"" economy, and have compared them to attempts to reform socialism in the East Bloc and the Soviet Union, and the growth of other developing economies.
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