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Sagot :
Patents can slow down the rate of creative destruction means replacing an old technology by new one.
A patent is an unique proper granted for an invention, which is a product or a manner that offers, in preferred, a brand new manner of doing something, or offers a new technical approach to a problem. To get a patent, technical information approximately the invention must be disclosed to the public in a patent application.
A patent is a form of highbrow assets that offers its proprietor the criminal right to exclude others from making, using, or promoting an invention for a restricted period of time in exchange for publishing an enabling disclosure of the discovery.
There are three forms of patents - utility, design, and Plant. application patents can be granted to everybody who invents or discovers any new and beneficial system, gadget, article of manufacture, or compositions of subjects, or any new beneficial development thereof.
Learn more about Patents here : https://brainly.com/question/12358486
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