A Company May Seek to Patent an Invention Even If

question 38

Multiple Choice

A company may seek to patent an invention even if it has no intentions of commercializing it.Which of the following is not an important reason for such strategic patenting?

• A)To block competitors' opportunities for innovation
• B)To generate licensing revenue
• C)To increase the company's bargaining power when negotiating cross-licensing deals with other companies
• D)To enhance the individual reputations of the company's leading scientists and technologists

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Definitions:

Processing Further

Decision-making process regarding the additional refining or processing of products to enhance their value or marketability.

Intermediate Products

Goods that are used as inputs in the production of final products, not intended for end consumers.

Further Processing

involves additional operations on a product to enhance its value before selling.

Constrained Resource

A constrained resource refers to a limiting factor in a production or operational process, which restricts the output or throughput of the system.