Article Abstract:
The US government has established the National Patent Board (NPB) to provide both domestic and foreign firms with a means to avoid costly patent dispute lawsuits. The NPB provides these firms with streamlined dispute resolution procedures including limited discovery, a one-day hearing before a three-judge panel provided by the NPB and a non-binding written ruling within six months of dispute filing. These procedures are part of an abbreviated process that will cost $100,000-$150,000, compared to millions that would be spent in protracted litigation.
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Article Abstract:
Export credit risk insurance is a financial strategy that enables exporters to insure themselves against most of their losses once foreign importers fail to pay for services or shipments that are not secured by letters of credit. This financial strategy, which was employed for decades by firms in Europe, is currently being offered widely in the US, primarily through the US Export-Import Bank. In addition, export credit risk coverage is also offered by major carriers such as AIG, CNA, American Credit Indemnity and Maryland Netherlands.
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Article Abstract:
Northeastern states are shedding their image as a 'rust belt' with business incentive programs aimed at luring young, entrepreneurial companies of the New Economy. Once a region where manufacturing companies thrived, the northeastern states are shifting their focus to high-growth sectors such as technology, financial services, telecommunications and biotechnology. Business incentives such as tax cuts, loans and relocation incentives are becoming commonplace in such cities as New York, New Jersey and Boston.
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