Abstract
The economy of nations operates within a legal framework that governs commercial activity. The systems of law that implement this activity can sustain or, conversely, inhibit economic growth and development. Whether a nation’s legal institutions are founded in the common law or the civil law tradition, economic growth requires effective laws that foster industrial development. We shall discuss these laws, with particular attention to the laws of intellectual property and their role in technological development, as applied to countries in transition to an industrialized free-market economy.
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© 1996 Elsevier Science Publishers
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Newman, P., Sherwood, R.M. (1996). Legal Framework of the Industrial Economy. In: Bugliarello, G., Pak, N.K., Alferov, Z.I., Moore, J.H. (eds) East-West Technology Transfer. NATO ASI Series, vol 3. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-0151-3_2
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DOI: https://doi.org/10.1007/978-94-009-0151-3_2
Publisher Name: Springer, Dordrecht
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