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Governments face pressure to act when coordination and learning externalities block development of otherwise-profitable industries that would produce merit goods for the domestic market. A short-term subsidy that offsets these externalities could potentially jump-start a multi-firm industry, if...
This article provides an evaluation of the language policy of the World Intellectual Property Organisation (WIPO), by focusing on the reform enacted in 2008 when the Korean language was given the status of a language of publication of the Patent Cooperation Treaty (PCT). Results show that the...
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