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2015-01-26

Japan’s New Patent Law Amendment Might Spell Doom for Innovation

Enterprises lack of market competitiveness, has contributed to Japan’s long economic slump, according to a Shanghai Stock Information Service report. The number of patent applications slid since reaching a pinnacle in 2000. The main cause has been the very little recognition and compensation Japanese employees have been receiving for their important inventions. Amendments to existing patent laws are expected to further aggravate the situation.
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