The worlds seven principal manufacturers of widgets have


Question: The world's seven principal manufacturers of widgets have entered into an agreement to exchange with each other for a period of seven years all of their patents, petty patents, and know-how, and to enter into jointly funded research and development activities to improve widgets. Is this agreement enforceable? Explain. Would it matter if all of the participants were located in the EU? Japan? the United States?

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Management Theories: The worlds seven principal manufacturers of widgets have
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