In emerging markets today, legal protections for intellectual property are weak and enforcement is lax. Counterfeiting of consumer goods and infringement on patents, copyrights, and trademarks cost corporations hundreds of billions of dollars each year. Strengthening laws and intensifying enforcement has done little to alleviate the affliction. No end to the epidemic appears in sight. Cures for this modern ailment may be found in medieval wisdom by investigating the methods manufacturers used to market durable goods before legal protections for the initial expansion of industry in Europe.
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Paper provided by California Irvine - School of Social Sciences in its series Papers with number
00-01-09.
Find related papers by JEL classification: K11 - Law and Economics - - Basic Areas of Law - - - Property Law N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights N63 - Economic History - - Manufacturing and Construction - - - Europe: Pre-1913
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