How do patents and copyrights encourage innovation?

2 answers:

8 0

Patents and copyrights encourage innovation because they allow people to be rewarded for their creations. For example, if an individual creates a new type of cell phone they can receive a patent or copyright on that phone. This means the ability to make and sell this phone belongs solely to the individual or the company they represent.

Now if this cell phone becomes wildly popular and people start to buy it, it allows the creator to make a significant amount of money of their creation. Along with this, the person can sue any person who tries to take their design and sell the phone themselves.

Ultimately, patents and copyrights protect people who come up with amazing innovations and allows them to accumulate massive amounts of wealth.

MakcuM [25]3 years ago

5 0

Answer:

They give inventors and writers exclusive rights to make and sell their inventions and works, possibly making large profits.

Explanation:

You might be interested in

\president george w. bush refused to turn over to congress records of vice president cheney's secret energy task force meetings.

pav-90 [236]

The answer is "executive privilege" <span />

4 0

2 years ago

Which river valley civilization was the largest? Mesopotamia Indus Valley China Ancient Egypt

forsale [732]

Answer: china

Explanation:

i just took the quiz on ed

6 0

2 years ago

Please help I really need it

vitfil [10]

Answer:

proved to be the turning point of the Seven Years' War. In 1763 the French ceded all their territories in North America. The continent was now controlled by the British, though the Spanish also gained some land to the west.

Explanation:

because over the seven years they have to fight the french war

8 0

1 year ago

Read 2 more answers

What was the pattern of Mongol settlement in Russia?

vlada-n [284]

The Mongols only built up Russian cities that were deemed vitally important. <span>was the pattern of Mongol settlement in Russia and that is the correct statement,</span>

4 0

3 years ago

What is william tell?

lesya [120]

This is basically a play or drama written by a man named Schiller in 1804

6 0

2 years ago