answer the following questions based on the last word from this chapter. a. patents can speed up the rate of creative destruction by multiple choice 1 creating a profit incentive that encourages innovation, which speeds up creative destruction. restricting the use of technology so that creativity is destroyed. creating uncertainty for the patent holder so that innovation is discouraged. eliminating the threat of competition, which slows down innovation and speeds up creative destruction.

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06-12-2022
Business

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answer the following questions based on the last word from this chapter. a. patents can speed up the rate of creative destruction by multiple choice 1 creating a profit incentive that encourages innovation, which speeds up creative destruction. restricting the use of technology so that creativity is destroyed. creating uncertainty for the patent holder so that innovation is discouraged. eliminating the threat of competition, which slows down innovation and speeds up creative destruction.

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BhavikaKukreja BhavikaKukreja · Answer 1 · 2022-12-13T11:41:26-05:00

patents can speed up the rate of creative destruction by restricting the use of technology so that creativity is destroyed.

Technology

The application of scientific knowledge to communicate is known as communications technology. Everything from telegrams to landlines to mobile phones is included. Because it is a system that conveys information in an endless number of ways, the internet is considered a communications technology. Pulleys, levers, wheels and axles, wedges, inclined planes, and even cogs and gears are examples of such devices. Mechanical technology is utilized for any operation that requires mechanical effort, typically the movement of items. Mechanical technology is employed in every machine, generator, or tool that performs work.

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