The development of new inventions is promoted by the granting of patent rights, which restrict the right of anyone but the patent holders to profit from these inventions for a specified period. βββββββ ββββββ βββββββ ββββββ βββββ ββββββ ββββ βββββββββ ββββββββββ βββββββββββββ βββββββββ βββββ ββββ ββ βββββββββ βββββββββ βββ βββββββββ βββ ββββ βββ ββββββ ββββββββ ββ βββββββ βββ βββββββββ βββββ ββ ββ βββββββββ ββ ββββββββ ββ βββββ ββββββ βββββββ ββ ββββ ββ βββ ββββ ββββββ ββ ββββββββ βββββββββββ βββ ββββββββββββ ββ βββ ββββββββββ ββββ ββ ββββββββββββ
The author concludes that itβs important to continue to grant patent rights, or else no new inventions will be made.
Why?
Because without patent rights, inventors would have no financial incentive to invent new products.
The author assumes that without a financial incentive to invent new products, new inventions wonβt be made.
Which one of the following ββ ββ ββββββββββ ββ βββββ βββ ββββββββ ββββββββ
Financial reward is βββ ββββ βββββββββ ββββ ββββ ββ βββββββββ ββ ββββββββββ ββββββ ββ βββββββ βββ βββββββββββ
When an inventor βββββ ββββββ ββββββ ββ β βββββββββββββ βββ ββββββββββββ βββββ ββββ βββββ ββββββ ββ βββ βββββββββ ββββ βββ ββββββββ βββββ
Any costs incurred ββ β βββββββ ββββββββ ββ ββββββββ βββ ββββββ ββββββ βββ βββββββββββββ ββ ββββββββββ ββ βββ βββββββββ βββββββ ββ βββββββ βββ ββββββ βββββββ
Patent rights should ββ βββββββ ββββ ββ ββ ββββββββββ βββββββ ββ βββ βββββββ ββ βββββββ βββββββββ βββββββ βββββββ ββ ββββββ βββββββ
The length of β ββββββ βββββ ββ βββββββ ββββββββββββ ββ βββ βββββ ββββββββ ββ βββββββββ βββ ββββββββ