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1 year ago

Exclusive rights to make or sell Exclusive rights to make or sell inventions

Social Studies

1 answer:

Gennadij [26K]1 year ago

8 0

Exclusive rights to make or sell inventions Patent

This is further explained below.

<h3>What is an invention Patent?</h3>

Generally, Patents. When it comes to safeguarding the interests of creators, patents are the most all-encompassing tool available.

As was mentioned earlier, a utility patent in the United States is typically issued for a term of twenty years beginning on the day that the patent application was submitted.

The etymology of the term patent may be traced back to the Latin verb patere, which means "to lay open."

In 1421, the Italian city of Florence honored the architect and engineer Filippo Brunelleschi with the honor of issuing the first patent ever documented for industrial innovation.

In conclusion, The government grants a person a monopoly on the use of their innovation in the form of a patent. The creator is able to keep the fruits of their work to themselves thanks to the protection provided by the patent, which safeguards the inventor's intellectual property.

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In an experiment conducted by Festinger and Carlsmith (1959), participants had to perform a boring task and were paid either $1 or $20 to tell the next participant that the task was interesting. The results of the experiment demonstrated that those who received $1 saw the task as more enjoyable than those who received $20. This is further explained below.

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