The Externality Associated with Technology Spillovers

question 527

Multiple Choice

The externality associated with technology spillovers

• A)cannot be internalized by government.
• B)is a negative externality.
• C)can be internalized, potentially, through taxation of firms that are responsible for technology spillovers.
• D)can be internalized, potentially, through patent protection.

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Definitions:

Clearance

Official authorization for someone to access certain data or areas, often related to security or confidentiality considerations.

Company Lawyers

Legal professionals who represent and advise a company on various legal matters, including contracts, compliance, and litigation.

Psychological Characteristics

The traits and features that describe an individual's mental and emotional tendencies.

Parasympathetic

Part of the autonomic nervous system that conserves energy and resources during rest and digest states, controlling functions such as digestion and heart rate.