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Define and explain, in detail, each of the following three regulatory schemes for a technology transfer agreement. As part of your answer, please be sure

Define and explain, in detail, each of the following three regulatory schemes for a technology transfer agreement. As part of your answer, please be sure to explain the advantages and disadvantages of each scheme. Which do you think is best? Why?

1. No regulation;

2. Notification/Registration; and,

3. Preapproval.

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