The main factor that determines the relative effectiveness of patents in protecting an innovator is:
A)The legal system of the country in which the firm resides
B)The effectiveness of the firm's lawyers
C)How much competition the firm faces
D)The characteristics of the innovation that is being protected

Question

Quizplus · Accepted Answer

The main factor that determines the relative effectiveness of patents in protecting an innovator is the characteristics of the innovation that is being protected. Factors such as the level of originality and novelty, as well as the ease with which competitors can imitate or replicate the innovation, play a significant role in determining the effectiveness of a patent in protecting the innovator's rights. While the legal system and the firm's legal team can also impact the effectiveness of a patent, they are secondary factors to the innovation itself.

The Main Factor That Determines the Relative Effectiveness of Patents