Intellectual property rights are easier to define and protect than property rights for physical assets (e.g.,plant and equipment).

Question

Quizplus · Accepted Answer

Intellectual property rights are more difficult to define and protect than property rights for physical assets (e.g., plant, equipment, and land). If, however, intellectual property rights are not reliably protected by the state, there will be no incentive to develop new products and services.

Intellectual Property Rights Are Easier to Define and Protect Than