Which of the following is NOT a way of internalizing technology spillovers?
A)subsidies
B)patent protection
C)industrial policy
D)taxes

Question

Quizplus · Accepted Answer

Taxes are not a way of internalizing technology spillovers. Subsidies, patent protection, and industrial policy are all mechanisms that can be used to internalize technology spillovers by providing incentives for firms to invest in research and development and to share technological knowledge with other firms in the industry. Taxes, however, are typically used to discourage certain economic activities or to raise revenue for public purposes, and do not have a direct impact on the internalization of technology spillovers.

Which of the Following Is NOT a Way of Internalizing