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Intangible resources--which include intellectual property, copyrights, patents, trademarks and designs--have acquired considerable prominence in the context of international business. Licensing these resources is one way for a company to expand globally and to earn valuable revenue with minimum investment. However, to realize the full potential of such resources it is essential to have a proper understanding of the licensing process. That is the central purpose ...
Global economy is at crossroads. There is no single or simple answer to current economic problems. Transparency in the conduct of monetary and fiscal policies is needed to provide an anchor for expectations. Developments that seem unusual, even unbalanced, need to necessarily be judged unsustainable. For example, the potential gains offered by new technology, particularly in the production of goods and financial services, may provide the sound rationale for a ...
A decade of tumultuous economic developments ended with a year full of surprises, the majority of them welcome. Inflation stayed very low in most industrial and emerging market countries, while economic growth remained high in United States, picked up in Europe and began to recover later in the year in Latin America. The turnaround in the fortunes of countries was nothing short of remarkable and China and India continued to expand at high rates. Even in Japan ...