Question
How does the application of intellectual property (IP) rights influence daily commercial gains for inventors or organizations?(1 point)ResponsesIt ensures that individuals or firms profit from their inventions.It ensures that individuals or firms profit from their inventions.It ensures that the market crashes.It ensures that the market crashes.It ensures that inventors can no longer oversee their intellectual property.It ensures that inventors can no longer oversee their intellectual property.It ensures that individuals or firms lose money from their innovations.
Answers
GPT-4o mini
The correct response is: **"It ensures that individuals or firms profit from their inventions."**
The application of intellectual property rights helps protect the creators' interests, allowing them to commercialize their inventions and gain a competitive advantage in the market. This fosters innovation and supports economic growth.
The application of intellectual property rights helps protect the creators' interests, allowing them to commercialize their inventions and gain a competitive advantage in the market. This fosters innovation and supports economic growth.