How does the application of intellectual property (IP) rights influence daily commercial gains for inventors or organizations?(1 point)

Responses

It ensures that the market crashes.
It ensures that the market crashes.

It ensures that individuals or firms profit from their inventions.
It ensures that individuals or firms profit from their inventions.

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

1 answer

The correct response is:

It ensures that individuals or firms profit from their inventions.

The application of intellectual property rights helps protect the interests of inventors and organizations, enabling them to monetize their innovations and maintain a competitive edge in the market.