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Archive | 2004

Home / ASIA-PACIFIC FINANCIAL FORUM SEMINAR​ -CREATING AN EFFECTIVE MSME FINANCING ECOSYSTEM / 2004

IPI Finds Frivolous Class Action Suits Threaten Innovation

March 8, 2004 New York, NY

A new report issued by the Information Policy Institute finds that the U.S. tort liability system negatively impacts innovation. Dr. Turner, President and Senior Scholar of the Information Policy Institute, explained the consequences of these high costs, “Innovation, which depends on R&D expenditures, is a key engine of economic growth. The high levels of tort […]

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