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Why Do Some Firms Choose Not to File for a Patent

question 169

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Why do some firms choose not to file for a patent and instead try to keep the results of their research a trade secret?


Definitions:

Permanent Underclass

A social group within a society that is persistently at the bottom of the socioeconomic hierarchy, often facing systemic barriers to upward mobility.

Productivity

The assessment of how effectively a person, machine, factory, or system transforms inputs into valuable outputs.

Health Care

Services provided by medical professionals to maintain or improve health, including preventive, curative, and palliative interventions.

9/11

The series of coordinated terrorist attacks carried out by al-Qaeda on September 11, 2001, targeting the World Trade Center in New York City and the Pentagon.

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