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Feather in a Cap: Remarkable Growth of China in IPRs
In a knowledge based economy,it is highly desirable that the new economic drivers of the 21st century such as intellectual property rights (IPRs) should be harnessed to stimulate the economic growth and foster social well-being. Unfortunately, the developing countries are still struggling to optimally use the IPRs for economic development and resource creation. However, much responsibility lies upon the government to promote and create conducive environment to capitalise on IPRs…