How did patents affect innovation?

(1 point)
O They provided licenses for inventions.
O They provided payments to inventors.
O
They taxed inventions.
C
They provided plans for inventions

Thank you!

1 answer

The correct answer is:

O They provided licenses for inventions.

Patents grant inventors exclusive rights to their inventions, allowing them to control how their inventions are used and to license them to others. This exclusivity incentivizes innovation by providing a potential financial return on the inventor's investment of time and resources.