(Last Word) Eliminating patents would tend to
A) stimulate innovation in all industries.
B) discourage innovation in all industries.
C) encourage innovation in products made up of many different technologies but discourage innovation of easy-to-copy products requiring large R&D costs to create.
D) discourage innovation in products made up of many different technologies but encourage innovation of easy-to-copy products requiring large R&D costs to create.

Question

Quizplus · Accepted Answer

Eliminating patents would likely lead to a decrease in innovation for easy-to-copy products that require large R&D costs to create, as companies would have less incentive to invest in research and development without the protection of patents. However, it could also encourage innovation in products made up of many different technologies, as patents can sometimes create barriers to entry and stifle competition in these types of industries.

(Last Word) Eliminating Patents Would Tend to