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identified the need for a balance between the short-term interests and the long-term interests. Long-term interests consider the benefits derived from creations and inventions. This
identified the need for a balance between the short-term interests and the long-term interests. Long-term interests consider the benefits derived from creations and inventions. This requires analysis of the time period for the intellectual property protection or monopoly period. The short-term considerations include the incentives given to creators and inventors to invest their efforts in securing innovations
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