The Argument That Patents Are the Most Effective Protection for an Innovation

question 40

Multiple Choice

The argument that patents are the most effective protection for an innovation is:

• A)Proven by a century of evidence
• B)Impossible to confirm or disprove
• C)Shown to be true only in a few industries
• D)True for process innovations,but not for product innovations

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Definitions:

Relatively Healthy

Describes a condition or state of being that is generally good or beneficial, especially in comparison to other similar circumstances or metrics.

Means-Tested

A method of determining eligibility for certain types of financial or social assistance based on the applicant's means or income and assets.

Medicaid

A social health care program for families and individuals with low income and limited resources in the United States, jointly funded by the state and federal governments.

Directly Employs

Directly employs refers to the act of hiring workers on the company's payroll, where the employment relationship is between the company and the employee without intermediaries.