What is one negative effect of intellectual property laws on innovation?(1 point)
Responses
which is the best guess that you made in your head 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
They can stifle competition and limit the flow of new ideas and technologies by making it difficult for others to build upon existing innovations. This can create barriers to entry for new innovators and ultimately slow down the pace of technological advancement.