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Full-Text Articles in Antitrust and Trade Regulation
Ip Antitrust: Keeping The Free-Market Innovation Machine Working, William Kolasky
Ip Antitrust: Keeping The Free-Market Innovation Machine Working, William Kolasky
Wilmer Cutler Pickering Hale and Dorr Antitrust Series
One of the most thoughtful books in recent years on how innovation drives economic growth is Professor William Baumol’s The Free-Market Innovation Machine. In it, Professor Baumol shows that over the past 150 years, per capita incomes in a typical free market economy have risen at unprecedented levels. He argues that the engine driving this growth is the competitive pressure a well-functioning free market economy places on firms to invest in innovation and to share new technologies with the firms that can use it most efficiently.
Pharmabulletin Issue 3, Fall 2005, Mark Heller, Hollie Baker, Robert Barry, James Burling, Suyong Kim
Pharmabulletin Issue 3, Fall 2005, Mark Heller, Hollie Baker, Robert Barry, James Burling, Suyong Kim
Wilmer Cutler Pickering Hale and Dorr Antitrust Series
On August 15, 2005, the Food and Drug Administration (FDA) and the Association of American Medical Colleges released a joint report that examines possible steps to accelerate drug discovery and development. The report, entitled Drug Development Science: Obstacles and Opportunities for Collaboration Among Academia, Industry and Government, is the product of a two-day conference among leaders from the pharmaceutical industry, academia, and FDA. The goal of the conference and the report was to explore means of overcoming the high failure rate for tentative drug candidates.
New Safe “Round Trip Investment” Circular Lightens The Regulatory Burden On Venture Capital Investments In China, Lester Ross
New Safe “Round Trip Investment” Circular Lightens The Regulatory Burden On Venture Capital Investments In China, Lester Ross
Wilmer Cutler Pickering Hale and Dorr Antitrust Series
The State Administration of Foreign Exchange (SAFE), China’s foreign exchange regulatory authority, recently clarified the PRC’s overall attitude with respect to offshore VC investments by setting out clearer registration procedures and expressly permitting VC transactions involving offshore SPV structures, subject to compliance with foreign exchange registration requirements. This clarification was set forth in the Circular on Issues Relating to Financing through Offshore Special Purpose Vehicles by Domestic Residents and Round Trip Investment (Circular No. 75), promulgated on October 21, 2005, with effect from November 1, 2005. Circular No. 75 supersedes two SAFE circulars promulgated earlier this year, Circular No. 11 …