4.8 Legal Institutions and Frameworks
In addition to the macroeconomic policy frameworks discussed above, a range
of national legal institutions are needed to secure intellectual property rights;
reduce contract, property, and regulatory risks; and promote good governance and
eliminate corruption. To these ends, governments can strengthen national legal
institutions for intellectual property protection; and strengthen administrative
and law processes to assure transparency, participation in regulatory policy-making,
and independent review (see also Section 3.5 on technology
transfer and Intellectual Property Rights).
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