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Intangible investor: Short-changing intangibles – a risky business

By Bruce Berman

Renowned economist and entrepreneur David Teece speaks out about the high cost of short-term thinking around IP rights

Poorly designed IP systems are a threat to technological progress. When IP rights are routinely infringed by businesses and consumers, and clouded by antitrust issues, creative and inventive activities are undermined. When this happens, the most creative and inventive society – the United States – has the most to lose.

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