The Patent System Is Often Considered to Be Unfairly Stacked

question 68

Multiple Choice

The patent system is often considered to be unfairly stacked against start-ups because:

• A) bigger multinational firms enjoy patent protection in all countries as opposed to start-ups, which are domestic firms that do not get such protection for the most part.
• B) the intellectual property laws are not adequate to protect the interests of smaller firms from infringements.
• C) the patent system grants patents for innovations on a differential basis, with bigger firms getting precedence over start-ups.
• D) high litigation costs coupled with a few months of litigation can sink an early stage firm.
• E) patents are granted by the patent system on an ad hoc basis wherein firms that have been in business longer get patent protection for longer periods of time.

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Definitions:

Body Dysmorphic Disorder

A mental health condition characterized by an obsessive focus on a perceived flaw in physical appearance.

Cognitive Biases

Systematic patterns of deviation from norm or rationality in judgment, wherein inferences about other people and situations may be drawn in an illogical fashion.

Stress-Inoculation Therapy

A form of cognitive-behavior therapy that focuses on developing skills that allow the individual to cope with stress.

Exposure Therapy

A psychological treatment that helps individuals confront their fears by gradual and repeated exposure to the feared object or situation.