What is one negative effect of intellectual property laws on innovation?(1 point)
Responses which is the true correct answer and why
They ensure individuals and organizations profit from their innovations.
They ensure individuals and organizations profit from their innovations.
They protect innovators from piracy and illegal infringement of their intellectual property protection.
They protect innovators from piracy and illegal infringement of their intellectual property protection.
They are laxly applied resulting in false patent claims.
They are laxly applied resulting in false patent claims.
They encourage more innovators to stake their investments in research and development (R&D).
1 answer
The negative effect of intellectual property laws on innovation is that they can create barriers and restrictions that can stifle creativity and hinder the ability for others to build upon existing innovations. When individuals and organizations have exclusive rights to profit from their innovations, it can limit the ability for others to access and use those ideas for further development and improvement. This can slow down progress and innovation overall.