Patents Are Currently Granted for a Period of 20 Years

question 47

Essay

Patents are currently granted for a period of 20 years in the Canada. Do you think that time period is too long or too short? Explain your reasoning.

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Definitions:

Company's Stock

Represents ownership shares in a corporation, giving stockholders a claim on part of the company's assets and profits.

Corporate Philanthropy

The act of corporations donating some of their profits or resources to charitable causes.

Managers and Employees

The relationship and roles within an organizational hierarchy where managers oversee operational or departmental tasks and employees carry out those tasks according to guidelines.