Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Would companies and individuals invest as much in significant research and development if a system of patents were not available?

a. Yes they would, because they could still hope to monopolize the market.
b. Yes they would, because firms are civic-minded and highly motivated to introduce innovations that improve the standard of living.
c. No they would not, because if they made a significant investment in the development, they would be unable to protect the innovations long enough to be sufficiently compensated for their efforts.
d. No they would not, because the benefits to society of engaging in research and development would be less than the costs to society.

Sagot :

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.